Insight
Chart Industries Acquires Cryo Technologies
Insight
Chart Industries Acquires Cryo Technologies
February 16, 2021
Winston & Strawn LLP represented Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading global manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets, in its acquisition of Cryogenic Gas Technologies, Inc. (“Cryo Technologies”) for US$55M in cash (subject to certain customary adjustments). Cryo Technologies is a global leader in custom-engineered process systems to separate, purify, refrigerate, liquefy and distribute high-value industrial gases such as hydrogen, helium, argon, and hydrocarbons with design capabilities for cold boxes for hydrogen and helium use.