Chart Industries has acquired the microbulk cryogenic tank intellectual property, equipment and other assets from IC Biomedical, a newly formed biomedical cold storage business.
Milton Street Capital, a Houston-based lower middle market private equity firm, yesterday (2nd Nov) announced the simultaneous acquisition of the Life Sciences business of Worthington Industries and International Cryogenics, Inc. These two cryogenic biomedical equipment manufacturers will operate as IC Biomedical which will focus on its cryobiological life science business.
Read more:International Cryogenics & Worthington’s Life Sciences business acquired; IC Biomedical created
As a result of this cryobiological focus, Chart has today (3rd Nov) acquired the microbulk cryogenic tank business, originally developed by the former Taylor-Wharton.
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