Chart Industries’ $80 Million Acquisition of L.A. Turbine

Winston & Strawn represented Chart Industries in the transaction.

Chart Industries, Inc. (NYSE: GTLS), a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets, executed its acquisition of L.A. Turbine for $80 million in cash (subject to certain customary adjustments).

L.A. Turbine is a global leader in turboexpander design, engineering, manufacturing, assembly, and testing process for new and aftermarket equipment, with significant in-house engineering expertise.

Chart now can offer a more comprehensive “one-stop-shop” solution and provide more options for its customers in a variety of applications.

Winston & Strawn represented Chart Industries with Laura Franco, Robert B. Heller, Eleni Kouimelis, Christopher B. Monahan, Matt Stevens, David M. Chambers, and Dominique S. Fry.

Involved fees earner: David Chambers – Winston & Strawn; Laura Franco – Winston & Strawn; Dominique Fry – Winston & Strawn; Robert Heller – Winston & Strawn; Eleni Kouimelis – Winston & Strawn; Christopher Monahan – Winston & Strawn; Matt Stevens – Winston & Strawn;

Law Firms: Winston & Strawn;

Clients: Chart Industries, Inc.;

Author: Martina Bellini