2014-12-05

Tweet Print This Westport Innovations Inc. Westport Innovations Inc. said it has acquired Prins Autogassystemen Holding B.V., a Dutch supplier of propane and natural-gas vehicle technologies, in a deal valued at 12.2 million euros, or about $15 million. The acquisition adds propane systems to Westport’s alternative-fuel offerings while also expanding its natural-gas portfolio. Westport said it completed the transaction through a combination of 6.6 million euros in assumed liabilities and 5.6 million euros in cash. Prins develops systems that use propane, also known as liquefied...

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