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Scott Rowe
Flowserve President and CEO Scott Rowe (left) and Jill Evanko, president and CEO of Chart Industries [Photos: Flowserve/Chart]
Flowserve’s Merger with Chart Industries Is Off, Edged by Baker Hughes’ $13.6B Offer
by David Seeley | Jul 29, 2025
Irving-based Flowserve's all-stock "merger of equals" with Atlanta-based Chart has been usurped by a better offer, after Houston- and London-based Baker Hughes swooped in with $13.6 billion in cash. But Flowserve won't walk away empty-handed—it's getting a $266 million "termination payment."
by Lance Murray |
Jun 4, 2025
The merger of the two NYSE-traded companies brings together Flowserve’s leading capabilities in flow management with Chart’s leading expertise in process technologies across compression, thermal, cryogenic and specialty solutions.
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by Lance Murray |
Oct 17, 2024
Flowserve said it used cash to fund the deal's purchase price of roughly $305 million, including the potential earnout. Operating in more than 50 countries, Flowserve is one of the world’s top providers of fluid motion and control products and services.
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by Lance Murray |
Sep 22, 2023
Cheryl H. Johnson is the chief human resources officer at Irving-based Caterpillar, the world’s largest manufacturer of construction equipment.
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![Erica Kosemund, Chief Brand Officer, Choctaw Nation of Oklahoma; Gillian Breidenbach, Chief Partnership Officer, North Texas FWC Organizing Committee; Chief Gary Batton, Chief of Choctaw Nation of Oklahoma; Monica Paul, Executive Director of Dallas Sports Commission and President of North Texas FWC Organizing Committee; John Hobbs, Senior Executive Officer of Communications, Choctaw Nation of Oklahoma; and Heidi Grant, Senior Executive Officer of Commerce Administration, Choctaw Nation of Oklahoma, celebrate Choctaw Casinos & Resorts becoming an Official Dallas World Cup 2026 Host City Supporter. [Photo: North Texas FWC Organizing Committee/Choctaw Casinos & Resorts]](https://s24806.pcdn.co/wp-content/uploads/2025/12/FIFA-Choctaw-dec-2025.jpg)
