Chart Industries sells Roots™ Business to Ingersoll Rand


Chart Industries has completed the sale of its Roots™ business to Ingersoll Rand for $300m.

The Roots™ business provides low-pressure compression and vacuum technologies. As part of the transaction, Ingersoll Rand will assume ownership of the Connersville, Indiana, manufacturing facility.

In addition to the site, the company will also retain approximately 300 team members.

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