Langley Holdings, the engineering and industrial manufacturing group, has acquired GKN Hydrogen from Dowlais Group.
Based in Northern Italy, GKN Hydrogen specialises in providing all-in-one clean hydrogen energy management systems and solutions to help achieve net zero emissions targets by generating green hydrogen from renewable energy sources and storing it compactly and loss-free in metal hydride.
Nottinghamshire-headquartered Langley Holdings was established in 1975 by the current Chairman and CEO, Tony Langley. The Group operates in three principal areas: Power Solutions, Print Technologies and Other Industrials. Its 18 manufacturing facilities spanning Europe, the UK, and the USA are supported by a global network of more than 100 sales and service subsidiaries and a workforce of over 5,000 people.
GKN Hydrogen will be a critical part of the Group’s Power Solutions division, which comprises Norwegian-based Bergen Engines, Italian Marelli Motori, and Piller Group, Europe’s leading producer of critical power conditioning, stabilisation, and backup systems based in Germany. In 2024, the Power Solutions Division will account for approximately half of the Group’s $1.5bn revenues.
Anthony Langley, Chairman & CEO, Langley Holdings plc, said: “This acquisition underscores Langley Holdings’ strategic focus on sustainable energy solutions and commitment to a greener future.”
David Armitage, corporate partner in the Leeds office of Gateley Legal, led on the deal and was supported by Scott Cooper.
David Armitage added: “We are pleased to have acted on this latest strategic acquisition for our client. We were able to act quickly and decisively alongside our client based on our longstanding relationship and history of assisting Langley Holdings in its acquisitive growth.”
