Fuel Systems Solutions says its shareholders have voted at a special meeting to approve the company’s proposed merger with Westport Innovations.
With the approval by Fuel Systems stockholders, all requirements to complete the proposed merger have been received. Fuel Systems and Westport expect to complete the transaction today (1 June).
Fuel Systems Solutions is a designer, manufacturer and supplier of alternative fuel components and systems for use in transportation and industrial applications.
Fuel Systems’ components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas, used in internal combustion engines.
These components and systems feature the company’s fuel system technologies, which, maintains the supplier, improve efficiency, enhance power output and reduce emissions by electronically sensing and regulating the proper proportion of fuel and air required by the internal combustion engine.
In addition to the components and systems, the company provides engineering and systems integration services to address customer requirements for performance, durability and configuration.
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By GlobalData