Chart Industries Inc. has acquired Skaff Cryogenics & Cryo-Lease, LLC (Skaff), repair service provider and re-manufacturer of cryogenics and liquefied natural gas storage tanks and trailers.
Skaff is headquartered in Brentwood, New Hampshire and provides services and equipment to customers in North America. Skaff also maintains a portfolio of cryogenic storage equipment that is leased to customers for temporary and permanent needs. Customers include major gas suppliers, as well as a variety of smaller distributors and end users. Skaff will report through the Distribution & Storage (D&S) segment within Chart.
Bill Johnson, Chart’s President and CEO stated, “The acquisition of Skaff expands Chart’s direct regional presence for service and aftermarket support in the Northeast United States. This is a very strategic expansion for us as we drive to bring more value to our customers. The former owners, Bob and Steve Prefontaine, have built a business focused on the customer, quality and commitment.”
“I am very excited about the opportunities ahead,” commented Steven Prefontaine. “Chart’s philosophies, customer commitment and attention to quality makes this a great fit. We are very proud of the growth we’ve achieved over the years and are ready to take Skaff to the next level as part of Chart.”