Deal
HONEYWELL INTERNATIONAL INC acquires Compressor Controls Corporation
June 2023
Full acquisition
Ready
01 Scorecard
The deal at a glance
Private-market deal
HONEYWELL INTERNATIONAL INC acquires Compressor Controls Corporation
Deal value
$673 million
Sector
Industrial Automation
Date
June 2023
VectorShift
Made on VectorShift
HONEYWELL INTERNATIONAL INC acquired Compressor Controls Corporation for $673 million, a transaction completed in June 2023, structured as all cash.
Compressor Controls Corporation operates in Industrial Automation, is based in United States. A turbomachinery services and controls company based in the United States.
Honeywell acquired Compressor Controls Corporation, a turbomachinery services and controls company, adding it to the Industrial Automation reportable business segment.
Adds turbomachinery controls and services aligned with Honeywell's process automation and energy customers. Honeywell Industrial Automation
On June 30, 2023, the Company acquired 100% of the outstanding equity interests of Compressor Controls Corporation, a turbomachinery services and controls company based in the United States, for total cash consideration of $673 million, net of cash acquired.
Honeywell FY2025 10-K, Acquisitions note
Advisors not disclosed
No advisory firms have been disclosed for this transaction.