# RIX Industries acquires Qdrive from Chart Industries

RIX Industries, a Benicia, California compressor maker, announced it acquired Qdrive, a subsidiary of Chart Industries, including its assets and IP to expand RIX's cryogenics business. The announcement is dated June 16, 2017.

- Type: Acquisition
- Announced: 2017-06-16
- Where: Benicia, CA, United States
- Status: completed
- Products: reciprocating piston compressors, cryogenic systems, LOX plants
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [RIX Industries](https://endata.com/companies/1607.md) (acquirer)
- [Chart Industries](https://endata.com/companies/1608.md) (partner)
- [Qdrive](https://endata.com/companies/1609.md) (target)

## Sources

- [rixindustries.com](https://www.rixindustries.com/qdrive), 2017-06-16: "RIX Industries, Inc. (RIX) announces the acquisition of Qdrive, a subsidiary of Chart Industries, Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.