Stratrix
On the Record · Chart Industries

Chart Industries acquisitions, on the record

The businesses Chart Industries bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Howden
Word for word“On March 17, 2023, we completed the acquisition of Howden (“Howden”) from affiliates of KPS Capital Partners (the “Acquisition”).” 10-K for 2023
acquisitionOn March 17, 2023—
Roots
Word for word“Results of operations include results of Howden from the date of acquisition and exclude Roots™ (“Roots”) business financial results for our entire ownership period of March 17, 2023 through the divestiture date, August 18, 2023.” 10-K for 2023
divestitureAugust 18, 2023—
Roots, Cofimco, American Fan, and Cryo Diffusion businesses
Word for word“In 2023 we also received proceeds, net of cash divested, of $474.8 million from the sale of our Roots, Cofimco, American Fan, and Cryo Diffusion businesses .” 10-K for 2023
divestitureIn 2023$474.8 million
cryobiological products business
Word for word“In connection with our divestiture of our cryobiological products business on October 1, 2020, Chart retained certain potential liabilities, including claims in connection with lawsuits filed in the U.S. District Court for the Northern District of California and the San Francisco Superior Court during the second quarter of 2018 against Chart and other defendants with respect to the alleged failure of a stainless steel cryobiological storage tank at the Pacific Fertility Center in San Francisco, California.” 10-K for 2023
divestitureOctober 1, 2020—
Fronti Fabrications, Inc., CSC Cryogenic Service Center AB, 100% of a joint venture in AdEdge India
Word for word“We also used $25.8 million of cash for the acquisitions of Fronti Fabrications, Inc., CSC Cryogenic Service Center AB, 100% of a joint venture in AdEdge India and a final net working capital adjustment related to our 2021 acquisition of AdEdge.” 10-K for 2023
acquisition—$25.8 million
remaining 85% of the shares of Earthly Labs
Word for word“On December 14, 2021 we completed the acquisition of the remaining 85% of the shares of Earthly Labs.” 10-K for 2023
acquisitionOn December 14, 2021—
American Fan business
Word for word“On October 26, 2023, we signed and closed on the divestiture of our American Fan business to Arcline Investment Management, L.P, with net proceeds totaling $ 109.7 after customary closing working capital adjustments, which are complete.” 10-K for 2024
divestitureOn October 26, 2023with net proceeds totaling $ 109.7 after customary closing working capital adjustments, which are complete
Cofimco fans business
Word for word“On October 31, 2023, we completed the sale of our Cofimco fans business (“Cofimco”) to PX3 Partners, with net proceeds totaling $ 67.4 after customary closing working capital adjustments, which are complete.” 10-K for 2024
divestitureOn October 31, 2023with net proceeds totaling $ 67.4 after customary closing working capital adjustments, which are complete
American Fan and Cofimco businesses
Word for word“This was partially offset by a $13.3 million increase in other expenses, primarily driven by a $7.8 million loss on sale of business in 2024 for customary closing working capital adjustments, which related to the sale of our American Fan and Cofimco businesses and occurred in the first quarter of 2024, compared to a $4.6 million net gain on sale of business in 2023, which related to the sale of our American Fan, Cryo Diffusion and Cofimco businesses.” 10-K for 2024
divestiturefirst quarter of 2024$7.8 million loss on sale of business in 2024 for customary closing working capital adjustments
Cryo Diffusion business
Word for word“Furthermore, in 2023 we closed the sale of our American Fan, Cryo Diffusion and Cofimco fans businesses.” 10-K for 2024
divestiture2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$1.4 million—$0
2017-12-31$446.1 million—$248.3 million
2018-12-31$225.8 million$133.5 million$67.9 million
2019-12-31$603.9 million$0$287.5 million
2020-12-31$51.9 million$317.5 million—
2021-12-31$205.1 million$0$140.1 million
2022-12-31$25.8 million$0$18.5 million
2023-12-31$4.32 billion$474.8 million$2.09 billion
2024-12-31$0——
2025-12-31$0——

Deal filings since 2016

Read from Chart Industries’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.