Chart completes acquisition of Cryotech International


Chart Industries, Inc. has announced that its Distribution and Storage Group (Chart D&S) has completed the acquisition of Cryotech International, formerly known as VBS International.

While financial terms of the transaction were not disclosed, the acquisition includes all products and services sold under Cryotech’s global brand.

Cryotech, headquartered in San Jose, California, designs, manufactures, sells, and services cryogenic injectors, vacuum insulated piping systems, and manifolds, and also repairs liquid cylinders. The company sells its products globally and industry applications include food and beverage packaging, aerospace and defense, semiconductor, pharmaceutical, biotechnology, solar and electronics.

Cryotech’s sales have ranged from $10m to $15m annually over the last three years.

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