Wind Point Buying Harsco GasServ

Harsco Corp. (NYSE: HSC), a Harrisburgh, Pa.-based industrial services company, has signed a definitive agreement to sell its gas technologies business, Harsco GasServ, to Wind Point Partners for a total purchase price of $340 million, with $40 million payable in the form of an earnout, contingent on certain performance targets in 2008 or 2009.

The transaction is expected to close in the near future and has already received regulatory approval.