Chart Industries has completed the acquisition of Oklahoma-based Harsco Air-X-Changers.
Chart announced that it would be acquiring Air-X-Changers back in May (2019). The $592m acquisition is a significant step for Chart in executing its strategy to focus on cryogenic expertise for the industrial gas and energy spaces.
Chart to acquire Harsco Air-X-Changers business
“I am excited to complete the Air-X-Changers acquisition on schedule, which provides strong backlog for the second half of 2019, immediate margin accretion to us, and a strong team,” said Jill Evanko, Chart’s CEO.
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