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Honeywell announced the acquisition of US compressor control companies
Honeywell recently announced its consent to acquire the Compressionor Controls Corporation of $ 670 million in cash.
The US compressor control company is held by private equity company Clayton, Dubilier & Rice and Roper Technologies.
The acquisition price is about its expected adjustment of taxation and depreciation before 2023.
The profit is 15 times. The US compressor control company is a leading supplier in turbine machinery control and optimization solutions.
It mainly provides related control hardware, software and services to the LPG natural gas, gas treatment, oil refining and petrochemical industries.
For Honeywell, the post -tax depreciation and pre -amortization of the US compressor control company's post -adjustment of the
US compressor control company has a value -added. It is expected that in the fifth year after the transaction is completed, its cash investment return will exceed 15%.
The US compressor control company will integrate the Honeywell's process control department to strengthen
Honeywell's industry leadership in industrial control, automation and process solutions, and help customers accelerate energy transformation.
The acquisition also includes a new carbon capture control solution to enhance Honeywell's high -growth sustainable product portfolio.
This scheme uses the same turbine machinery to effectively remove the discharge of refineries, even carbon dioxide from the earth atmosphere.
Our company also have Honeywell parts, our advantage is the DCS module, card, board and controller.
Please contact me to get a good price for such parts.
Sales Manager:Ricardo Zhang
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