Deal announced Jul 2017 Verified
Chart Industries to Acquire Hudson Products from Riverstone Holdings
Chart Industries announced the acquisition of Hudson Products from Riverstone Holdings LLC for $410 million. Hudson is a leading producer of air-cooled heat exchangers and axial flow cooling fans, with expected 2017 revenue of ~$205M and EBITDA margins exceeding 20%. The transaction is expected to close in Q3 2017.
“Acquisition of Hudson Products from Riverstone Holdings LLC”
Entities
Chart Industries, Inc. · Acquirer Hudson Products · Target Riverstone Holdings LLC · Sponsor
HVACOther Sentiment: Positive
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