Chart Industries, Inc. has announced that its subsidiary, Chart Lifecycle, Inc. has acquired Hetsco, Inc., from Global Power Equipment Group, Inc. for approximately $22m.
The Hetsco and Chart Lifecycle combined business will focus on extending equipment lifespan by offering services from installation to start-up, operations and maintenance, training and support, monitoring, process optimisation, repair, maintenance and extended warranty.
This acquisition supplements Chart’s current offering by bringing a full suite of welding services for industrial gas and gas processing facilities including mission critical repair, specialty maintenance, construction, fabrication and safety services, with a particular focus on brazed aluminium heat exchangers.
... to continue reading you must be subscribed
