A water cleantech company, BlueInGreen is a waterwork equipment supplier commercializing a patented water treatment technology providing a highly efficient method of delivering dissolved oxygen, carbon dioxide and ozone into water: gas-dissolution expertise. BIG solutions empower water treatment professionals to make a difference by making water treatment processes more efficient, more effective, safer and more environmentally sound. With over 100 installations in North America treating over 1 billion combined gallons of water each day, BIG offers the most cost-effective solutions for oxygenation, pH adjustment, oxidation and odor control. In early November 202,it was announed that Chart Industries, Inc. (NASDAQ: GTLS) had completed t acquisition of BlueInGreen, LLC (âBIGâ) The stock purchase was completed for a purchase price of $20 million in cash at closing (subject to customary adjustments), plus a potential earn-out not to exceed $6 million in the aggregate. The two firms having previusly worked together, it was suggested that Chart equipment with BlueInGreenâs technology will enable solutions efficiently to deliver dissolved oxygen, carbon dioxide and ozone into water results in a full dissolution package for water treatment with Chart's cryogenic storage and vaporization equipment providing the feed gas to BlueInGreenâs technology. BIGâs core, gas-dissolution technology uses a common set of components and methods to serve a variety of applications in municipal and industrial end markets, whether for oxygenation, pH adjustment, oxidation or odor control. Not only does this solution consume 20% to 40% less gas than other alternatives for the same level of treatment, it delivers the solution with the smallest energy, carbon and physical f
