The wave of mergers and acquisitions has continued all the way to Wystrach GmbH. The Weeze-based family-run supplier of hydrogen storage systems is joining forces with Hexagon Purus. As Wystrach informed at the end of September 2021, the Norwegian company is taking over the business founded in 1987 in Nordrhein-Westfalen, along with its around 200 employees.
Hexagon Purus SA, with its more than 180 employees worldwide, offers emissions-free mobility solutions, from type 4 pressure vessels to fuel storage and distribution systems, battery sets and electric powertrain solutions for commercial vehicles. The production of fiber-reinforced components will continue to happen at Hexagon Purus GmbH, formerly Hexagon xperion, in the largest Hexagon Purus location, Kassel, while Wystrach will be the main site for the assembly of hydrogen systems.
Jochen Wystrach, co-managing director at Wystrach and son of the founder, reported, “We actively went on the search and found in Hexagon Purus a strong, industrially oriented parent company.” His partner in management, Wolfgang Wolter, added, “The entire market is forming and we want to continue to play a central role in the development and preparation of hydrogen systems.” Hexagon Purus SA is part of Hexagon Composites ASA, a Norwegian publicly listed company with over 1,000 employees at 23 locations.