Chart Industries, Inc. has completed its takeover of Hudson Products Corporation in a deal worth $410m.
The signing of a definitive agreement was previously announced on 30th June.
Founded in 1939, Hudson is a trusted leader in heat transfer solutions with an array of strong brands and products in refining, petrochemical, natural gas, power and other industrial and commercial end markets.
The North American-based company specialises in air-cooled heat exchangers (ACHXs) and axial flow cooling fans. It’s installed base of over 20,000 ACHXs and 250,000 fans globally provides stable aftermarket revenue streams, which account for approximately 37% of Hudson’s total net sales.
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