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

Deal Terms

Acquirer
HONEYWELL INTERNATIONAL INC
Target
Compressor Controls Corporation
Value
$673 million
Date
June 2023
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
United States
Segment
Industrial Automation
Structure
all cash
Announced
April 24, 2023
Closed
June 30, 2023

In Their Words

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

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · Last updated June 12, 2026

See how VectorShift works for your firm

Request Demo