Chart Industries Acquires SeQual Technologies

Chart Industries, Inc. GTLS announced that its wholly-owned subsidiary, CAIRE Inc., which operates under its BioMedical segment, has completed the previously announced acquisition of SeQual Technologies Inc. for approximately $40 million, plus the possibility of up to $20 million of additional future payments contingent on SeQual's financial performance over a two-year period post-closing. Other financial terms of the all-cash transaction were not disclosed.