# Doosan Heavy Industries America to acquire ACT for gas turbine services

Doosan Heavy Industries America signed an MOU to acquire ACT, a Houston-based gas turbine service provider, for an undisclosed amount. The deal aims to enter the U.S. gas turbine service market.

- Type: Acquisition
- Announced: 2017-06-01
- Where: Houston, Texas, United States
- Status: announced
- Products: gas turbine repair services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Doosan Heavy Industries & Construction](https://endata.com/companies/997.md) (acquirer)
- [ACT](https://endata.com/companies/13483.md) (target)
- [ACT Independent Turbo Services](https://endata.com/companies/25847.md) (target)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/7881079), 2017-06-29: "The takeover is expected to lay the foundation for the company to enter the U.S. gas turbine market as it can obtain ACT’s skilled manpower, equipments and business know-how through the deal."
- [koreabizwire.com](http://koreabizwire.com/doosan-heavy-buys-u-s-gas-turbine-service-provider/89572), 2017-07-26: "Doosan Heavy said it signed a preliminary deal to buy ACT Independent Turbo Services, a Houston-based gas and steam turbine repair service provider, for an undisclosed amount."
- [powermag.com](https://www.powermag.com/press-releases/accessing-new-markets-via-acquisition/), 2017-11-07: "In June this year, Doosan Heavy Industries & Construction (DHIC) completed the acquisition of U.S. company ACT Independent Turbo Services, Inc."
- [fullscreen.powermag.com](https://fullscreen.powermag.com/corporate-capabilities-report/), 2018-01-12: "In June 2017, Doosan Heavy Industries & Construction (DHIC) completed the acquisition of US company ACT Independent Turbo Services, Inc."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.