Chart Industries acquires manufacturer of oxygen generation systems AirSep for $180 million
Clients Chart Industries, Inc.
Jones Day advised Chart Industries, Inc., a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, in its acquisition of AirSep Corporation for $170 million and up to $10 million in assumed debt. AirSep is a leading manufacturer of oxygen generating systems for medical and industrial applications. The company designs and manufactures stationary and portable oxygen concentrators for medical use. It also is a leader in on-site air separation oxygen generation systems for industrial applications.