Worthington Enterprises Completes Acquisition of Hexagon Ragasco

Core Insights - Worthington Enterprises has successfully completed the acquisition of Hexagon Ragasco, a leader in lightweight LPG composite cylinders, enhancing its position in the global propane market [1][2] - The acquisition aligns with Worthington's commitment to advancing clean fuel usage, particularly in developing countries with limited infrastructure [1] - Worthington Enterprises has a long-standing history of prioritizing shareholder value and has consistently issued quarterly dividends since going public in 1968 [1][4] Company Overview - Worthington Enterprises operates in two primary segments: Building Products and Consumer Products, focusing on innovation and leadership [3] - The company offers a diverse range of products, including solutions for cooking, heating, cooling, and outdoor living, under well-known brands such as Coleman and Bernzomatic [3] - Headquartered in Columbus, Ohio, Worthington employs approximately 4,000 people across North America and Europe [4] Corporate Philosophy - The company adheres to a people-first philosophy, emphasizing the importance of treating employees, customers, and communities with respect [2][4] - Worthington engages in community development and sustainability efforts, reflecting its commitment to corporate citizenship [4]