Chart acquires Hetsco
Ohio-headquartered LNG equipment provider, Chart Industries said that its unit, Chart Lifecycle, has acquired Hetsco, from Global Power Equipment Group.
Hetsco, formed in 1982 is a provider of welding and construction services to the natural gas processing, petrochemical and air gas separation industries.
The combined business would offer services from installation/start-up, operations/maintenance, training/support, monitoring, process optimization, repair/maintenance and extended warranty, Chart said in its statement.
The acquisition supplements Chart’s current offering by bringing a full suite of welding services for industrial gas and gas processing facilities including mission critical repair, specialty maintenance, construction/fabrication and safety services, with a particular focus on brazed aluminium heat exchangers.
In addition, Chart added that Hetsco’s experience in fabrication, construction and project management would augment Chart Lifecycle’s ability to deliver turnkey solutions.