# Honeywell to acquire Compressor Controls Corporation from Indicor for $670 million

Honeywell agreed to acquire Compressor Controls Corporation from Indicor for $670 million to expand its Forge Performance+ asset performance management offering. The deal is expected to close in the second half of 2023.

- Type: Acquisition
- Announced: 2023-07-21
- Where: Des Moines, Iowa, United States
- Value: $670.0M
- Status: announced
- Products: turbomachinery control systems, performance analytics software, optimization algorithms
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Honeywell](https://endata.com/companies/621.md) (acquirer)
- [Compressor Controls Corporation](https://endata.com/companies/988.md) (target)
- [INDICOR](https://endata.com/companies/10506.md) (partner)

## Sources

- [automationworld.com](https://www.automationworld.com/analytics/article/33008266/honeywell-to-acquire-compressor-controls-to-expand-asset-performance-management), 2023-07-21: "Honeywell has agreed to acquire Compressor Controls Corporation (CCC) from Indicor for $670 million."

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