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Chart Industries Acquires Earthly Labs

Chart Industries Acquires Earthly Labs Background Image

Vinson & Elkins advised Earthly Labs, Inc., the leading provider of small-scale carbon capture systems offering an affordable, small footprint technology platform called “CiCi ®” to capture, recycle, reuse, track and sell CO2, in connection with its acquisition by Chart Industries, Inc.

The purchase price for the 85% of Earthly Labs that Chart did not already own was $62 million (subject to customary adjustments), of which approximately 62% is being paid in cash and 38% is being paid in shares of common stock of Chart.

The V&E corporate team was led by senior associate Michael Gibson, with assistance from associates JP Lopez and Christina Wu. Also assisting were senior associate Allyson Seger and associate Lauren Nieman; partner Shane Tucker and associate Maddison Riddick; counsel Christie Alcalá; and partner Matthew Dobbins.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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