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Announced

Completed

Chart Industries completed the acquisition of BlueInGreen for $26m.

Financials

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Transaction Value£20m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

Environmental / Waste Management

water treatment

Private

Domestic

Completed

Acquisition

Majority

Single Bidder

Synopsis

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Chart Industries, an independent global manufacturer of highly engineered equipment servicing multiple applications, completed the acquisition of BlueInGreen, a dissolved-gas expert providing custom-engineered solutions for water treatment and industrial process applications, for $26m. "We are thrilled to join Chart Industries’ portfolio of proven technologies and iconic brands. This partnership pairs BlueInGreen’s expertise with Chart’s global footprint, allowing for enhanced integration, increased response time and a more robust service fleet as we collectively bridge the gap between industrial gas and water markets. While we are far from our startup days, our services, our technology, our team and our mission at BlueInGreen have not changed. We will always be BIG. But with Chart’s wealth of knowledge, relationships and resources, BIG just got a lot bigger," Chris Milligan, BlueInGreen CEO and President.

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