Chart Industries to acquire Cryo Technologies for $55m.

Chart Industries, an independent global manufacturer of highly engineered equipment, agreed to acquire Cryogenic Gas Technologies, a provider or custom engineered process systems to separate, purify, refrigerate, liquefy and distribute high value industrial gases, for $55m. “Cryo Technologies' differentiated cryogenic engineering expertise, global project experience in hydrogen and helium liquefaction coupled with our process technologies, brazed aluminum heat exchanger and cold box manufacturing capabilities creates the only multi-molecule full-solution liquefaction and equipment offering in the world,” Jill Evanko, Chart CEO and President.