Chart Industries has acquired water cleantech company BlueInGreen.
The US cryogenic equipment manufacturer yesterday (3rd Nov) said it had completed the acquisition for a purchase price of $20m in cash at closing (subject to customary adjustments).
As a result of the acquisition, Chart’s equipment and BlueInGreen’s technology will create solutions to efficiently deliver dissolved oxygen, carbon dioxide and ozone into water results in a full dissolution package for water treatment.
The Chart and BlueInGreen solutions will be offered either through a Treatment-as-a-Service (“TaaS”) contract, capital sale, or a combination thereof via a la carte services, further building out our repair, service and leasing business.
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