Baker Hughes Company has agreed to acquire Chart Industries Inc. for $210 per share, totaling $13.6 billion, to enhance its energy technology portfolio and drive innovation in sustainable solutions.

Information on the Target

Chart Industries Inc. (Chart) is a renowned global manufacturer specializing in advanced equipment and technologies utilized within the industrial gas, energy, and cryogenic sectors. With a focus on engineering excellence and innovation, Chart has established itself as a leader in designing, manufacturing, and providing process technologies that facilitate the handling of gases and liquids across varied industrial and energy applications.

The company offers a wide array of products and solutions that cater to diverse markets, including energy storage and distribution, cryogenic processing, and environmental control. By engaging in cutting-edge research and development, Chart is committed to enhancing the efficiency and sustainability of its technologies.

Industry Overview in the Target’s Specific Country

The industrial gas and energy sectors are critical components of the global economy, as they drive advancements in technology and enhance operational efficiencies across multiple industries. In the United States, the d