Chart Industries, Inc., a pioneer in the development of Liquefied Natural Gas (LNG) as a clean burning, economical fuel for transportation, has acquired German company VCT Vogel GmbH (VCT). VCT services cryogenic and other mobile gas tank equipment and trucks, and is a European leader in truck mounted drive and control systems for the operation of cryogenic pumps on trailers, rigid trucks and containers.
The acquisition expands and strengthens Chart’s service and aftermarket presence in Southern Germany, Austria and Switzerland, and adds complementary truck drive systems to Chart’s mobile equipment offering. It will report through the Distribution & Storage (D&S) segment within Chart.
Hans Lonsain, Chart’s European Distribution & Storage business unit president, commented, “VCT has an excellent reputation for outstanding technical capabilities throughout the markets it serves. In addition to its service offering, VCT manufactures state-of-the-art systems that are needed to drive and control cryogenic pump units.”
“Both VCT’s services and its product range are a great complement to Chart’s existing European offering,” Lonsain continued. “In the future, VCT will become a regional service provider for Chart Ferox and Flow Instruments products.”
Chart a pioneer
Chart, a member of NGV Global, continues to pioneer the development of LNG as an alternative fuel to diesel for energy, transportation and industry and provides certainty of outcome through robust, reliable, fit for purpose LNG solutions that integrate seamlessly with existing infrastructure. Recent outcomes include:
- Fueling technology to power India’s first LNG bus
- Expansion of NGV fueling infrastructure across Europe with Chart LNG stations opening in Poland, France, The Netherlands and UK
- Supply of ‘Decinske Giants’, the world’s largest shop built horizontal cryogenic storage tanks, for a number of LNG projects including an import terminal establishing the port of Klaipėda as an LNG hub for the Baltic region and a fueling project in Florida
- Development of the first dual LNG/diesel fueling truck together with Ground Force Worldwide
Source: Chart Industries, Inc. (an NGV Global Member)