Chart Industries, Inc. and Flowserve Corporation have announced they have entered into a definitive agreement to combine an all-stock merger of equals, creating a differentiated leader in industrial process technologies.
The combined company is expected to have an enterprise value of approximately $19 billion. This was based on the exchange ratio and closing share prices for Chart and Flowserve as of June 3, 2025.
According to a recent release, the combined company will address the full customer lifecycle from process design through aftermarket support. It will strengthen the ability to meet “customers’ needs, empower innovation and drive long-term growth.”
In addition to a number of benefits, the agreement will enable the companies to create a suite of differentiated solutions and leading capabilities across several industries. These include general industrial, industrial gases, data centers, space, carbon capture, power generation, LNG, to name just a few.
The merger is expected to generate approximately $300 million of annual cost synergies within three years following the transaction close. For more information and specific details of the announcement visit Flowserve or Chart Industries.
Courtesy of Flowserve.