HONEYWELL INTERNATIONAL INC acquires Compressor Controls Corporation
Snapshot
HONEYWELL INTERNATIONAL INC acquired Compressor Controls Corporation for $673 million in June 2023. The transaction was structured as all cash. Compressor Controls Corporation is a United States-based Industrial Automation business.
- Acquirer
- HONEYWELL INTERNATIONAL INC
- Target
- Compressor Controls Corporation
- Value
- $673 million
- Date
- June 2023
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
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
No advisory firms have been disclosed for this transaction.