Chart Industries to divest its oxygen-related products business

|About: Chart Industries, Inc. (GTLS)|By:, SA News Editor

Chart Industries (GTLS +1.2%) agrees to sell its oxygen-related products business within the BioMedical segment to NGK Spark Plug, for $133.5M.

Cryogenic products business within the BioMedical segment is excluded from the sale, which now will be managed through the Distribution & Storage Western Hemisphere segment.

The deal is expected to complete by Q4

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