Fortune Gas
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Fortune Gas - overview
Established
2000
Location
Hangzhou, Zhejiang, China
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Based in Hangzhou, China, and founded in 2000, Fortune Gas operates as a cryogenic equipment manufacturer, focusing on air separation equipment and liquefied natural gas plant research. In 2005, the company set up a production base in Huzhou. Fortune Gas obtained the title of National Key High-Tech Enterprise. Some enterprises, such as Praxair Inc.
, Danieli Metallurgical Equipment, TechnipFMC plc, and Petrofac, cooperated with the company. The products manufactured by the company can be categorized into 5 categories which are air separation equipment, natural gas liquefaction plants, cryogenic storage tanks, tubular heat exchangers and chemical coolers. Products within include high purity nitrogen equipment, all liquid air separation equipment, small and medium-sized liquefied natural gas plants, cryogenic liquid tank vessels, vacuum insulated cryogenic liquid storage tanks and wound tube heat exchangers. The company also provides cryogenic system solutions for steel, metallurgy, petroleum, chemical, machinery, environmental protection and other fields.
Current Investors
Minsheng Equity Investment, Chungfu Capital
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services, Industrial Machinery
Website
www.fortune-gas.com
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Fortune Gas - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPO | Completed | Fortune Gas | - |
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