Insight
Chart Industries's Acquisition of L.A. Turbine
Insight
Chart Industries's Acquisition of L.A. Turbine
July 1, 2021
Winston & Strawn LLP represented Chart Industries, Inc. (NYSE: GTLS), a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the energy and industrial gas markets, in its acquisition of L.A. Turbine for US$80M in cash (subject to certain customary adjustments). L.A. Turbine is a global leader in turboexpander design, engineering, manufacturing, assembly, and testing process for new and aftermarket equipment, with significant in-house engineering expertise. Chart now can offer a more comprehensive “one-stop-shop” solution and provide more options for its customers in a variety of applications.