CAIRE now part of Japanese company
By HME News Staff
Updated Tue January 15, 2019
BALL GROUND, Ga. - CAIRE is now a wholly owned subsidiary of NGK Spark Plug Co., LTD, a Nagoya, Japan-based ceramics processing manufacturer.
Chart Industries had previously announced that it planned to divest its oxygen-related products business from its BioMedical division and sell it to NGK for $133.5 million.
“Over the last 15 years, NGK Spark Plug has been utilizing its unique sensing and ceramic technologies to develop leading solutions for the healthcare market,” said Earl Lawson, president of CAIRE. “Their sense of vision and planning to meet the healthcare needs of the future makes the acquisition of CAIRE a natural fit.”
CAIRE's oxygen therapy portfolio includes liquid oxygen systems, and portable and stationary oxygen concentrators, marketed under the AirSep, SeQual and HELiOS brands.
In addition to Ball Ground, Ga., CAIRE's global locations include Anjo, Japan; Buffalo, N.Y.; Chengdu, China; Padova, Italy; Wokingham, U.K.; and Wuppertal, Germany.
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