Fuel Systems (FSYS) Acquires CUBOGAS from Dresser Italia
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Fuel Systems Solutions, Inc.'s (Nasdaq: FSYS) has purchased from the Wayne business of Dresser Italia S.r.l., the assets of its CUBOGAS compressor division, specializing in natural gas compressors and packaging solutions in an all-cash asset acquisition that closed on February 10, 2012.
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.
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.
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