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Chart and Flowserve Merge in $19 Billion Deal

6/4/2025

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Summary

Story summary

Chart Industries and Flowserve are merging in a $19 billion deal, forming a significant industrial process technology entity.
Chart will own 53.5%, while Flowserve will hold 46.5% of the new company.
The headquarters will be in Dallas, aiming for $300 million in annual cost synergies within three years.
This merger focuses on expanding growth in the LNG and nuclear markets, strengthening both companies' portfolios.

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Story summary

Chart Industries and Flowserve are merging in a $19 billion deal, forming a significant industrial process technology entity.
Chart will own 53.5%, while Flowserve will hold 46.5% of the new company.
The headquarters will be in Dallas, aiming for $300 million in annual cost synergies within three years.
This merger focuses on expanding growth in the LNG and nuclear markets, strengthening both companies' portfolios.