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BRIEF-Chart Industries And Flowserve Corporation To Combine In All-Stock Merger Of Equals, Creating A Differentiated Leader In Industrial Process Technologies
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BRIEF-Chart Industries And Flowserve Corporation To Combine In All-Stock Merger Of Equals, Creating A Differentiated Leader In Industrial Process Technologies
Jun 4, 2025 4:53 AM

Flowserve Corp ( FLS ):

* CHART INDUSTRIES AND FLOWSERVE CORPORATION TO COMBINE IN

ALL-STOCK MERGER OF EQUALS, CREATING A DIFFERENTIATED LEADER IN

INDUSTRIAL PROCESS TECHNOLOGIES

* CHART INDUSTRIES INC ( GTLS ) - COMBINED ENTERPRISE VALUE EXPECTED

TO BE

$19 BILLION

* CHART INDUSTRIES INC ( GTLS ) - SHAREHOLDERS TO RECEIVE 3.165

FLOWSERVE

SHARES PER CHART SHARE

* CHART INDUSTRIES INC ( GTLS ) - SHAREHOLDERS TO OWN 53.5% OF

COMBINED

COMPANY

* CHART INDUSTRIES INC ( GTLS ) - EVANKO TO BE CHAIR, ROWE TO BE CEO

OF

COMBINED COMPANY

* CHART INDUSTRIES INC ( GTLS ) - DEAL EXPECTED TO BE ACCRETIVE TO

ADJUSTED

EPS IN FIRST YEAR

* CHART INDUSTRIES INC ( GTLS ) - EXPECTED TO GENERATE $300 MILLION

ANNUAL

COST SYNERGIES WITHIN THREE YEARS

* CHART INDUSTRIES INC ( GTLS ) - COMBINED COMPANY WILL ASSUME A NEW

NAME

AND BRAND FOLLOWING CLOSE

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