M&A Deal Summary

Chart Industries Acquires Skaff Cryogenics & Cryo-Lease

On January 2, 2018, Chart Industries acquired energy services and equipment company Skaff Cryogenics & Cryo-Lease

Acquisition Highlights
  • This is Chart Industries’ 2nd transaction in the Energy Services and Equipment sector.
  • This is Chart Industries’ 9th transaction in the United States.
  • This is Chart Industries’ 1st transaction in New Hampshire.

M&A Deal Summary

Date 2018-01-02
Target Skaff Cryogenics & Cryo-Lease
Sector Energy Services and Equipment
Buyer(s) Chart Industries
Deal Type Add-on Acquisition

Target

Skaff Cryogenics & Cryo-Lease

Brentwood, New Hampshire, United States
Skaff Cryogenics & Cryo-Lease LLC is a provider of repair service and remanufacturing of cryogenic and liquefied natural gas storage tanks and trailers. Skaff Cryogenics & Cryo-Lease was founded in 1979 and is based in Brentwood, New Hampshire.

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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 12 of 17
Sector (Energy Services and Equipment) 2 of 3
Type (Add-on Acquisition) 10 of 15
State (New Hampshire) 1 of 1
Country (United States) 9 of 12
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-21 Hudson Products

Beasley, Texas, United States

Hudson Products Corp. is a provider of heat transfer solutions firms providing air-cooled heat exchangers and axial-flow fans to some of the largest processors in the petroleum, natural gas, power generation, petrochemical and chemical industries.

Buy $410M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-25 MVE Biological Solutions

Ball Ground, Georgia, United States

MVE Biological Solutions is a manufacturer of vacuum insulated products and cryogenic freezer systems for the life sciences industry. MVE provides cryogenic storage and transportation solutions for the life sciences industry through its advanced line of stainless steel freezers, aluminum dewars, and related ancillary equipment used in the storage and transport of life sciences commodities, which includes the rapidly growing cell and gene therapies business.

Sell -