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Flowserve, Chart Industries Agree to Combine in $19B Merger

In a move to capitalize on the emerging demand for data and power infrastructure, Chart Industries and Texas-based Flowserve Corporation announced Wednesday an all-stock merger-of-equals that would result in a $19 billion enterprise.

Headquartered in Ball Ground, Georgia, Chart specializes in the production of equipment and services related to LNG, hydrogen, biogas and carbon capture. Flowserve specializes in the manufacture of motion-control products — pumps, valves and seals — for the flow and management of industrial fluids. Flowserve is headquartered in suburban Dallas.

Allen Pusey

Allen Pusey is a senior editor and writer at The Texas Lawbook.

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