Chart Industries to Acquire Harsco’s Air-X-Changers Business

Chart Industries, Inc. (GTLS)
Last chart industries, inc. earnings: 4/23 06:00 am
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US:NASDAQ Investor Relations:
ir.chartindustries.com/file/index?keyfile=29239812
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Source: GlobeNewswire
ATLANTA, May 09, 2019 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (Nasdaq: GTLS) announced today that it has entered into a definitive asset purchase agreement to acquire the Industrial Air-X-Changers business (“Harsco AXC”) of Harsco Corporation (“Harsco”) (NYSE: HSC) for $592 million in cash. Chart expects to realize $90 million of future tax benefits resulting from the asset purchase structure of the transaction. Acquisition highlights include: Reinforces our strategic focus on core cryogenic engineering and products for the industrial gas and energy spaces.Provides access to the compression market for air cooled heat exchangers (“ACHX”), completing Chart’s full ACHX offering for both process and compression.Well established
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News
- Chart Industries, Inc. (NYSE: GTLS) had its price target lowered by analysts at Wells Fargo & Company from $214.00 to $208.00. They now have an "overweight" rating on the stock.MarketBeat
- Chart Industries (GTLS): Among Top High-Risk, High-Reward Growth Stocks To Buy Now [Yahoo! Finance]Yahoo! Finance
- Chart Industries, Inc. (NYSE: GTLS) had its price target lowered by analysts at Morgan Stanley from $275.00 to $250.00. They now have an "overweight" rating on the stock.MarketBeat
- With A 7.9% Return On Equity, Is Chart Industries, Inc. (NYSE:GTLS) A Quality Stock? [Yahoo! Finance]Yahoo! Finance
- Reflecting On Gas and Liquid Handling Stocks' Q4 Earnings: Chart (NYSE:GTLS) [Yahoo! Finance]Yahoo! Finance
GTLS
Earnings
- 2/28/25 - Miss
GTLS
Sec Filings
- 3/14/25 - Form 4
- 3/12/25 - Form 4
- 3/12/25 - Form 4
- GTLS's page on the SEC website