Building a Full-Spectrum Industrial Solutions Platform
Chart, known for its cutting-edge work in gas and liquid molecule management, and Flowserve, a global leader in fluid motion technology, say the merger will allow them to provide end-to-end solutions — from front-end engineering and design to aftermarket services and critical infrastructure support.
“This transaction is more than just a merger — it’s a reinvention,” said Evanko. “We’re building a complete, high-value platform, with the scale and resilience needed to thrive in an increasingly complex market.”
Rowe echoed the sentiment: “This is a bold move that creates a differentiated industrial leader, primed to serve global demand for sustainable and efficient technologies.”
Financial Muscle and Strategic Impact
Analysts project the combined firm will generate $300 million in annual cost synergies, while boosting revenue, improving cash flow, and maintaining a solid balance sheet. The deal also continues Chart’s expansion momentum — following its $4.4 billion acquisition of Howden Group Ltd. in 2023 — cementing its position at the forefront of industrial innovation.
Flowserve’s legal representation included a powerhouse team from Cravath led by partners Daniel Cerqueira, George Schoen, Jonathan Katz, and others. Deal details for Winston & Strawn’s legal team were not immediately disclosed.
The transaction, subject to shareholder and regulatory approvals, is expected to close in the fourth quarter of 2025.
