Chart Industries Acquires BlueInGreen, LLC
November 3, 2020
Chart Industries (NASDAQ: GTLS) completed the acquisition of BlueInGreen, LLC, a water cleantech company specializing in dissolved-gas solutions for water treatment, for $20 million in cash plus a potential earn-out. The purchase expands Chart’s water-treatment and service capabilities by combining Chart’s cryogenic and gas delivery equipment with BlueInGreen’s gas-dissolution technology and TaaS/service offerings to serve municipal and industrial end markets.
- Buyers
- Chart Industries, Inc.
- Targets
- BlueInGreen, LLC
- Sellers
- BlueInGreen Board of Members
- Industry
- Environmental Services
- Location
- Arkansas, United States
- Transaction Type
- Buyout
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