Chart Industries (GTLS) Acquires BlueInGreen, LLC

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Go back to Chart Industries (GTLS) Acquires BlueInGreen, LLC

Chart Industries Acquires Water Cleantech Company BlueInGreen, LLC

November 3, 2020 1:14 PM EST

ATLANTA, Nov. 03, 2020 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (Chart) (NASDAQ: GTLS) today completed the acquisition of BlueInGreen, LLC (BIG), a leading dissolved-gas expert providing custom-engineered solutions for water treatment and industrial process applications that delivers tangible economic, social and environmental value.   The stock purchase was completed for a purchase price of $20 million in cash at closing (subject to customary adjustments), plus a potential earn-out not to exceed $6 million in the aggregate.

The combination of Chart equipment and BlueInGreens technology enables solutions to efficiently deliver dissolved oxygen, carbon dioxide... More