Public Company Manufacturing

Chart Industries

Ball Ground, Georgia, United States

Chart Industries is an independent global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling, including LNG, hydrogen, biogas, and CO2 capture applications, with engineering, service, and repair across the liquid gas supply chain.

Focus Areas
Liquefaction equipment, Cryogenic equipment, Gas and liquid molecule handling

Tracked deals

3

3 tracked deals across 2020-2021.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

1 buyout · 1 divestiture · 1 growth capital

Chart Industries Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Chart Industries. 2 2020 1 2021

Supporting Data

Recent Transactions

  • Buyer
    Chart Industries Inc.
    Target
    Transform Materials LLC
    Industry
    Energy

    Chart Industries completed a $25 million minority investment to acquire a 5% equity stake in Transform Materials and signed a commercial Memorandum of Understanding to supply equipment for Transform projects. The investment gives Chart access to Transform's microwave-plasma process for producing hydrogen and acetylene, expanding Chart's clean-hydrogen equipment and service offerings and supporting planned plant builds in North America and Europe.

  • Buyer
    Chart Industries, Inc.
    Target
    BlueInGreen, LLC
    Seller
    BlueInGreen Board of Members
    Type
    Buyout

    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.

  • Buyer
    Chart Industries, Inc.
    Target
    Worthington Industries' Cryogenic Trailer and Hydrogen Trailer Business (Theodore, AL assets)
    Seller
    Worthington Industries, Inc.
    Industry
    Manufacturing

    Chart Industries completed the acquisition of Worthington Industries' cryogenic trailer and hydrogen trailer transport assets, including the Theodore, Alabama manufacturing site, related IP, equipment and repair backlog. The facility (approximately 300,000 sq ft) and its employees will join Chart as the company expands its mobile cryogenics and hydrogen transport capabilities, with expected hydrogen-related revenue from the site of $15–20 million in 2021 (with upside).

Related Acquisition Pages

Selling a company? Get in front of buyers like Chart Industries

Turn tracked acquisition activity into an outreach-ready buyer list.