Baker Hughes Completes Acquisition of Chart Industries
Baker Hughes completed its acquisition of Chart Industries, establishing Chart as a new third operating segment focused on thermal management and lifecycle services. The deal adds $4.3 billion in annual revenue based on Chart’s 2025 fiscal year, with Baker Hughes targeting $325 million in annualized cost synergies within three years.
Key figures
- Chart revenue 2025
- $4.3 billion
- Net leverage target
- 1.0-1.5x
- Synergies annualized
- $325 million
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