We are a hydrogen storage company, offering the safest storage solution in the world.
London – Thursday 1st August, 2024.
Langley Holdings has acquired GKN Hydrogen, the Italian Hydrogen Storage and Power-to-Power specialist, from Dowlais Group.
Based in Pfalzen, northern Italy, with subsidiaries in Germany and the USA, GKN Hydrogen is pioneering a ‘frontier technology‘ for the safe storage of hydrogen.
Formerly part of GKN Powder Metallurgy, a division of Dowlais Group plc, the company has brought together materials science and engineering to create advanced metal hydride compounds. The technology captures and stores hydrogen in a solid state form at x 16 the density of compressed hydrogen gas without degradation for up to 30 years, according to company literature.
Hydrogen is converted back to a gas when required by heating the hydride to 60°C (140°F). The company has proven the system over 7,000 charge / discharge cycles with 99% efficiency.
Anthony Langley, Chairman & CEO, Langley Holdings plc:
“This acquisition underscores Langley Holdings’ strategic focus on sustainable energy solutions and commitment to a greener future”.
GKN Hydrogen becomes part of Langley ‘s Power Solutions Division. During the integration process, Langley Holdings will work closely with the GKN Hydrogen management team to ensure a smooth transition of the business.
Langley Holdings’ main board members Bernard Langley and William Langley (left & right) together with Guido Degen, CEO of GKN Hydrogen (centre), at the company’s headquarters in Pfalzen, Italy, yesterday.
The Group’s operations are based in Germany, Italy, France, the UK and Norway, with 18 production facilities in Europe, the UK and the USA. The Group has more than 90 sales and service subsidiaries worldwide and employs around 5,000+ people.
Langley Holdings was established in 1975 by the current Chairman & CEO, Anthony Langley and remains entirely in family ownership
About Power Solutions
The Power Solutions Division comprises Bergen Engines, the Norwegian medium-speed engine builder; Marelli Motori, the Italian producer of electric motors and generators 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 and 5,000+ employees.