The majority holding of the Norwegian Hypoxic Technologies AS has been held in the hands of the international plant engineer WAGNER Group GmbH since 15th May 2017. Like Hypoxic Technologies, the company specialises in active fire prevention via oxygen reduction, called OxyReduct®. Hypoxic Technologies will distribute WAGNER's OxyReduct® technology in the Scandinavian market. Together with WAGNER Group the company will expand the local product portfolio: fire detection (TITANUS®) and fire extinguishing (FirExting®) will be part of the future expansion.
Read more in the press release "Expanding in Scandinavia"