Fuel Systems Solutions Buys Dresser Italia's CNG business
Friday, February 17, 2012
Fuel Systems Solutions Inc. has completed the purchase of the Cubogas compressor division from the Wayne business of Dresser Italia. Cubogas specializes in natural gas compressors and compressed natural gas packaging products.
“We continue to build our infrastructure and natural gas compressor product lines to serve the growing demand from commercial, fleet and consumer customers,” said Mariano Costamagna, Fuel Systems Solutions CEO.
“The Cubogas brand adds a new line of CNG compressor and packaging products for a wide range of applications, and our BRC division will maximize the scale and efficiency of the former Dresser CNG compressor business.”
The deal includes the purchase of the Cubogas trademarks, a manufacturing license for Nuovo Pignone vertical reciprocating compressors, and a license to use the “Dresser” trademark in connection with the manufacture, development and distribution of former Dresser CNG compressor systems.
For more information: www.fuelsystemssolutions.com