Flowserve Corporation has announced a merger with Chart Industries, creating a comprehensive solutions platform with a robust global presence across more than 50 countries. The new entity will be headquartered in Dallas, Texas, while maintaining offices in Atlanta and Houston. Chart shareholders will receive 3.165 shares of Flowserve common stock for each share of Chart common stock, resulting in Chart shareholders owning approximately 53.5% and Flowserve shareholders owning around 46.5% of the combined company. The transaction is expected to close in the fourth quarter of 2025, subject to necessary approvals. Following the merger, the company will assume a new name and brand.