EX-99.1 2 skaffppt.htm EXHIBIT 99.1
© 2017 Chart Industries, Inc. Confidential and Proprietary Skaff Cryogenics January 2018 Exhibit 99.1

© 2017 Chart Industries, Inc. Confidential and Proprietary 2 Overview: Skaff, located in Brentwood, NH, focuses on the remanufacturing and repair of cryogenic tanks (stationary cryogenic tanks and D.O.T. delivery units) with certification for any size repair in the field. Additionally a sister company offers leasing options for cryogenic equipment. Skaff also resells vaporizers and tanks. Skaff Business Summary Exploration, Production & Pipeline Processing/ Liquefaction Treatment Transportation Storage Lifecycle Services Value Proposition/ Application Re- gasification Service Offering:  Trailers  Stationary Tanks  Micro Bulk  Portable Supply Stations Rationale/Fit:  Expansion of Chart Service into the Northeastern U.S.  Small leasing business expands Chart’s offering  Conversion of new tanks sales to Chart  Margin accretion S ta tionar y Micr o Bul k Por tabl e S ta tio n T raile r

© 2017 Chart Industries, Inc. Confidential and Proprietary 3 Deal Rationale Skaff Description  Acquisition of Skaff Cryogenics and Cryo-Lease, LLC from Bob and Steve Prefontaine − 2017E revenue of ~$6.5M; EBITDA margins anticipated to exceed 21% Transaction Consideration  $12.5 million  Cash-free, debt-free Expected Financial Impact  EPS accretive  Accretive to EBITDA margins  Meaningful cost synergies Ownership Date  Closed January 2, 2018  Effective ownership date January 1, 2018 Funding  Transaction funded using cash on hand Chart D&S Sales by Location and Product Reporting  Will report through Distribution & Storage segment Chart Nevada Chart Minnesota Chart Texas Chart Georgia SKAFF