Compass To Acquire Exterran U.S. Compression Assets

By DJ Slater25 August 2020

Compass Energy Systems Ltd. signed an agreement to acquire Exterran Corp.’s U.S. natural gas compression assets.

The acquisition, expected to close in the fourth quarter of this year, supports Compass’ plans for growth and expansion into the United States and will improve the company’s international presence.

“This acquisition will significantly increase our U.S. footprint and our ability to provide top-quality compression and process equipment to clients across the United States,” said Compass President John Forgeron. “In addition to Exterran’s Brittmoore Road facility in Houston, this acquisition includes an established customer base and experienced compression employees. Our collective expertise will extend and enhance our product offerings as well as our reach into U.S. and international markets.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, CompressorTech² News features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
CONNECT WITH THE TEAM
DJ Slater Senior Editor, Compressor Tech² Tel: +1 262 754 4113 E-mail: dj.slater@khl.com
Pete Ballistrieri Sales Manager Tel: +1 262 754 4131 E-mail: pete.ballistrieri@khl.com<
CONNECT WITH SOCIAL MEDIA
Latest News
Total drops API over climate change differences
French multinational at odds with industry group
Moore joins Alfa Laval as general manager
Alfa Laval has hired Brandy Moore as general manager of its air heat exchangers business and its Broken Arrow, Oklahoma, site.
NSK acquires Brüel & Kjær Vibro
Spectris has agreed to sell its Brüel & Kjær Vibro business to NSK for €180 million.