# Chart Industries to acquire Italian pressure equipment maker VRV for €125 million

Chart Industries signed a definitive agreement to acquire VRV s.p.a. and its subsidiaries, makers of cryogenic and energy and petrochemical pressure equipment, for €125 million plus assumed debt of about €70 million.

- Type: Acquisition
- Announced: 2018-09-27
- Where: Italy
- Value: $147.0M (125.0M EUR)
- Status: announced
- Products: cryogenic equipment, pressure equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Chart Industries](https://endata.com/companies/1608.md) (acquirer)
- [VRV](https://endata.com/companies/3948.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/09/27/1577145/0/en/chart-industries-inc-announces-definitive-agreement-to-acquire-vrv-group-and-strategic-realignment-of-the-segment-structure.html), 2018-09-27: "Chart has agreed to pay €125 million (approximately $147 million USD, based on current exchange rates)"

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