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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.
Honeywell agreed to acquire Compressor Controls Corporation (CCC), a turbomachinery control provider, from INDICOR LLC for $670 million in an all-cash deal announced April 26, 2023. The deal is about 15x 2023E tax-adjusted EBITDA.
Compressor Controls Corporation was awarded a contract by Aker Solutions to supply seabed compressor control technology and engineering support for the Chevron-operated Jansz-Io Compression project in the Indian Ocean.
Compressor Controls Corp. won multiple contracts to provide turbomachinery controls and optimization for the three 6.6-MMtpy LNG trains of Novatek's Arctic LNG 2 project in Russia's Yamal-Nenets region. The article is dated 2020-08-01 and the contract timing is not precisely stated.
Compressor Controls Corporation has been awarded multiple contracts for the Arctic LNG 2 project in the Russian Arctic region, which is valued at $21.3 billion. The contract values were not disclosed.
Massachusetts-based REXA and Compressor Controls Corporation announced a joint initiative to modernize steam turbine controls using REXA's flow match valve actuator and CCC's Speed Control.
Massachusetts-based REXA and Compressor Controls Corporation announced a joint initiative to modernize steam turbine controls. The announcement is dated 2017-02-24.
