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CAIRE acquires SeQual Technologies

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Chart Industries’ wholly-owned subsidiary, CAIRE, Inc., has entered into a definitive agreement to acquire SeQual Technologies Inc. for approximately $40 million.

SeQual is located in San Diego CA and develops, manufactures and markets products for medical, military, industrial and commercial applications. The company focuses on medical oxygen concentrators. CAIRE is a leading respiratory care products provider for the home health care market.