Chart Industries sells cryogenic valve line
Jun 1, 2003 12:00 PM
Chart Industries Inc has sold its cryogenic valve product line to Acme Cryogenics Inc.
Under terms of the agreement, Acme acquired the right to manufacture and distribute CVI cryogenic on/off, flow control, globe, y-pattern, liquid helium, vacuum seal-off, vented actuated valves and actuators, along with spare parts for this line of valves. As part of the transaction, Chart and Acme have entered into a long-term supply agreement for Acme to supply valves for Chart's vacuum-insulated piping systems.
Chart and Acme will work together to transfer existing orders and information to facilitate the uninterrupted supply of valves and valve parts to the market.
