Chart Industries Acquires Water Treatment Company, Adedge

Chart Industries, Inc. (“Chart”) (NYSE: GTLS) today announced the acquisition of AdEdge Holdings, LLC (“AdEdge”), a water treatment technology and solution provider specializing in the design, development, fabrication and supply of water treatment solutions, specialty medias, legacy and innovative technologies that remove a wide range of contaminants from water. The equity purchase was completed for a purchase price of $40 million in cash at closing (subject to customary adjustments) and further details are included in the supplemental presentation at the end of this release.