M&A Deal Summary

Chart Industries Acquires Fronti Fabrications

On May 31, 2022, Chart Industries acquired machinery company Fronti Fabrications for 20M USD

Acquisition Highlights
  • This is Chart Industries’ 4th transaction in the Machinery sector.
  • This is Chart Industries’ 7th largest (disclosed) transaction.
  • This is Chart Industries’ 12th transaction in the United States.
  • This is Chart Industries’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2022-05-31
Target Fronti Fabrications
Sector Machinery
Buyer(s) Chart Industries
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

Fronti Fabrications

Palmerton, Pennsylvania, United States
Fronti Fabrication is a specialist in engineering, machining, and welding for the cryogenic and gas industries, and also supplies new build pressure vessels and performs repairs with certification to the American Society of Mechanical Engineers (ASME) code. Fronti Fabrications was established in 2003 and is headquartered in Palmerton, Pennsylvania.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Chart Industries

Ball Ground, Georgia, United States
Category Company
Founded 1859
Sector Machinery
Employees11,637
Revenue 3.4B USD (2023)
DESCRIPTION
Chart Industries' corporate headquarters in Garfield Heights, Ohio.
Chart Industries' corporate headquarters in Garfield Heights, Ohio.

Chart Industries is a provider of cryogenic equipment used in industrial gas, hydrocarbon, and medical applications. Chart Industries was incorporated in 1859 and is headquartered in Ball Ground, Georgia.

DEAL STATS #
Overall 16 of 17
Sector (Machinery) 4 of 5
Type (Add-on Acquisition) 14 of 15
State (Pennsylvania) 1 of 1
Country (United States) 12 of 12
Year (2022) 2 of 3
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-18 Cryogenic Service Center

Gothenburg, Sweden

Cryogenic Service Center offers turnkey solution for service and maintenance of vacuum insulated transport containers for liquid gases. Cryogenic Service Center is based in Gothenburg, Sweden.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-09 Howden

Renfrew, United Kingdom

Howden is a provider of mission-critical air and gas handling products, technologies, and services. Howden supports multiple sectors including infrastructure, power generation, oil & gas, wastewater, metals, mining, and transportation. Howden was founded in 1854 and is based in Renfrew, Scotland.

Buy $4.4B
Mergr

Product

Company

Legal