Doosan Heavy Industries signs MOU to buy ACT in Houston

Doosan Heavy Industries signed an MOU on June 28, 2017 (local time) to acquire ACT, a Houston-based gas and steam turbine repair service provider, for an undisclosed amount. The deal aims to secure a foothold in the US gas turbine market.

“Doosan Heavy Industries Co., South Korea's top power equipment maker, signed a memorandum of understanding in the United States on Wednesday (local time) to buy ACT, a Houston-based gas and steam turbine repair service provider, for an undisclosed amount.”koreaherald.com

• 1 source
• koreaherald.comDoosan expands power biz in US - The Korea Heralda2017001Jun 29, 2017

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