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Chart Industries completed the acquisition of AdEdge for $40m.

Synopsis

Chart Industries, an independent global manufacturer of highly engineered equipment servicing multiple applications in the energy and industrial gas markets, completed the acquisition of AdEdge, a water treatment technology and solution provider, for $40m. "AdEdge is a perfect fit for ChartWater. Its technologies, solutions, and expertise strengthen Chart’s position in the growing water treatment space as we continue to invest in sustainable solutions for a wide variety of industries and applications. We intend to offer AdEdge’s solutions for PFAS and PFOS removal, in a containerized package, using our Treatment-as-a-Service business model," Jill Evanko, Chart CEO and President.

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