Economy

Chart Industries to Acquire VRV For $147 Mln

Chart Industries to Acquire VRV For $147 Mln

Chart Industries (GTLS) said pre-market Thursday that it has agreed to acquire VRV SpA, a manufacturer of pressure equipment used in the cryogenic and energy & petrochemical end markets. Under the agreement, Chart Industries will pay EUR125 million ($147 million) and assume outstanding debt of the company totaling approximately EUR70 million. The company will fund the acquisition using available cash […]