Announced
Completed
Synopsis
General Electric, a business conglomerate, completed the acquisition of Nexus Controls, an automation machinery manufacturer, from Baker Hughes, an energy company. Financial terms were not disclosed. “Controls are vital for our customers operating in today’s dynamic, competitive energy environment and the integration of Nexus Controls into our existing offerings will help improve our customers’ experience throughout the lifecycle of their plant. This acquisition will also strengthen the quality, service, and delivery of an end-to-end controls experience, brought to life by a single controls business line with world-class talent," Eric Gray, GE Gas Power CEO.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.