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Slide #5. Luxfer Group — Vexxel Composites, LLC
Luxfer Group (NYSE:LXFR)
Vexxel Composites, LLC
Luxfer Group (NYSE:LXFR) announced that has acquired Vexxel Composites, LLC, a manufacturer of high-pressure composite cylinders for containment of compressed natural gas (CNG). The company will operate as part of the Group's global Luxfer Gas Cylinders Division.
Luxfer Holdings is a materials technology company focusing on the manufacturing of materials, components and devices for transportation, defense and emergency response, healthcare and general industrial applications. Co. focuses primarily on development related to magnesium alloys, zirconium chemicals, aluminum alloys and carbon composites. Co. operates in two business segments: Elektron and Gas Cylinders. Co.'s Elektron segment focuses on specialty materials based primarily on magnesium and zirconium. Co.'s Gas Cylinders segment manufactures and markets products using aluminum, titanium and carbon composites.
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Buy (3.33 out of 4)