HOWDEN acquired by CHART INDUSTRIES

Chart Industries has successfully finalized the acquisition of 100% of the common stock of the target organization from an international private equity sponsor. This transformative strategic transaction creates a differentiated global champion in the fluid handling and cryogenic sectors, uniting a leader in stationary equipment with a pioneer in rotating gas handling solutions. The strategic rationale for the move centers on the expansion of the group's "Nexus of Clean™" portfolio, specifically targeting the accelerating energy transition and industrial decarbonization markets. By incorporating the target’s specialized compressor and fan technologies, the organization significantly reduces lead times for critical liquefaction projects and enhances its multidisciplinary engineering capacity. The partnership focuses on leveraging the target’s extensive global service and aftermarket footprint to increase the group's margin profile and operational resiliency. This integration facilitates a more comprehensive solution set for high-growth areas such as hydrogen infrastructure, carbon capture and storage (CCUS), and water treatment. The move reinforces the group’s standing as a primary technical enabler for sustainable industrial growth on a global scale.