# Chart Industries acquires L.A. Turbine for $80M

Chart Industries acquired L.A. Turbine, a global leader in turboexpander design and manufacturing, for $80 million in cash, expanding its offerings in hydrogen, helium, and industrial gas liquefaction.

- Type: Acquisition
- Announced: 2021-07-01
- Where: United States
- Value: $80.0M
- Status: completed
- Products: turboexpanders, hydrogen liquefaction equipment, helium liquefaction equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Chart Industries](https://endata.com/companies/1608.md) (acquirer)
- [L.A. Turbine](https://endata.com/companies/17072.md) (target)

## Sources

- [citybiz.co](https://www.citybiz.co/article/94329/chart-industries-acquires-l-a-turbine/), 2021-07-01: "LAT’s capabilities are a natural fit and deliver a competitive point of differentiation for Chart."
- [hydrocarbonengineering.com](https://www.hydrocarbonengineering.com/clean-fuels/01072021/chart-acquires-la-turbine/), 2021-07-01: "Chart Industries Inc. has announced the acquisition of L.A. Turbine for US$80 million in cash"
- [lngindustry.com](https://www.lngindustry.com/liquid-natural-gas/02072021/chart-industries-acquires-la-turbine/), 2021-07-02: "Chart Industries, Inc. has announced the acquisition of L.A. Turbine (LAT)."

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