Chart Acquires Skaff Cryogenics

Chart Industries, Inc. announced its acquisition of Skaff Cryogenics and Cryo-Lease, LLC in early January. The acquisition, according to Chart, expands the company’s direct regional presence for service and aftermarket support in the Northeast United States. “This is a very strategic expansion for us as we drive to bring more value to our customers. The former owners, Bob and Steve Prefontaine, have built a business focused on the customer, quality and commitment,” says Bill Johnson, Chart’s president and CEO.

Founded in 1979 and headquartered in Brentwood NH, Skaff provides quality repair service and remanufacturing of cryogenic and liquefied natural gas storage tanks and trailers. Skaff also maintains a portfolio of cryogenic storage equipment that is leased to customers for temporary and permanent needs. Customers include major gas suppliers, as well as a variety of smaller distributors and end users. Skaff will report through Chart’s Distribution and Storage segment.

“I am very excited about the opportunities ahead,” says Steven Prefontaine. “Chart’s philosophies, customer commitment and attention to quality make this a great fit. We are very proud of the growth we’ve achieved over the years and are ready to take Skaff to the next level as part of Chart.”