Chart completes Thermax acquisition

Chart Industries Inc. has confirmed that it has completed the previously announced acquisition of Thermax Inc.

Thermax will be operated as part of Chart’s Distribution & Storage (Chart D&S) business segment.

Thermax is a leading provider of cryogenic fluid vaporisers utilised in industrial gas, petrochemical, and LNG applications. The product portfolio spans a broad set of ambient and powered vaporiser solutions. Thermax’s international presence includes business in the UK, China and Indonesia.

“Now that the acquisition has been completed, we are pleased to welcome Bob Bernert, President of Thermax, his management team and all current employees to Chart and look forward to integrating the business into the existing Chart D&S family,” said Tom Carey, President of Chart D&S. He continued, “We are confident that the combination of Chart’s and Thermax’s excellence in cryogenic engineering and customer service will deliver growth and add even more value to our customers.”

Edited from press release by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/02072015/chart-completes-thermax-acquisition-983/