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Baker Hughes completes acquisition of Chart Industries - BKR News | Rallies

Baker Hughes completes acquisition of Chart Industries

BKR•2026-07-16

Baker Hughes closes Chart Industries acquisition

Baker Hughes completed its acquisition of Chart Industries on July 16, 2026, adding Chart as a third operating segment.

Integration targets USD 325 million in annualized cost synergies by year three; commercial synergies flagged as additional upside.
Chart generated USD 4.3 billion in fiscal 2025 revenue, expanding Baker Hughes’ industrial portfolio and recurring aftermarket services.
Jim Apostolides was appointed senior vice president to lead the Chart segment.
Baker Hughes reiterated a net leverage target range of 1.0-1.5x within 24 months.

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