# 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.

- Type: Acquisition
- Announced: 2017-06-29
- Where: Houston, Texas, United States
- Status: announced
- Products: gas turbine repair services, steam turbine repair services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Doosan Heavy Industries](https://endata.com/companies/555.md) (acquirer)
- [ACT](https://endata.com/companies/13483.md) (target)

## Sources

- [koreaherald.com](https://www.koreaherald.com/article/1372500), 2017-06-29: "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."

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