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Gold/Mining/Energy : Chart Industries (GTLS)
GTLS 199.62+0.1%1:13 PM EDT

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From: JakeStraw4/1/2008 8:15:48 AM
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Chart Acquires Flow Instruments & Engineering in Germany
biz.yahoo.com
Tuesday April 1, 8:00 am ET

CLEVELAND, April 1, 2008 (PRIME NEWSWIRE) -- Chart Industries, Inc. (NasdaqGS:GTLS), a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, announced today that Chart Ferox, a.s. (``Chart Ferox''), its wholly owned subsidiary in the Czech Republic, has acquired Flow Instruments & Engineering GmbH (``Flow'') in an all-cash transaction. Details were not disclosed.

Flow, a closely held company based in Solingen, Germany, manufactures cryogenic flow meter systems for industrial gases and liquefied petroleum gas, distribution equipment for transport of CO2 and other gases, and provides calibration services. Flow had 2007 sales of approximately $9 million.

``We are very enthusiastic a
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