Mitsubishi Heavy Industries Compressor Corporation (MCO), a subsidiary of Mitsubishi Heavy Industries Group, has acquired all shares of AST Turbo AG, a Swiss firm specializing in rotating gear upkeep companies. The acquisition was finalized on February 27.
AST Turbo AG is understood for its upkeep, inspection, and discipline companies for rotating gear similar to compressors and steam generators, that are vital in useful resource and power growth sectors, together with oil and gasoline. The firm boasts skilled technical supervisors and superior engineering capabilities, together with digital meeting know-how that leverages 3D laser measurements.
With a powerful monitor report in Europe, North America, the Middle East, and different areas, AST Turbo AG has established itself as a dependable service supplier. Through this acquisition, MCO goals to bolster its discipline service system in worldwide markets, addressing the rising demand for shorter inspection intervals and enhanced use of digital meeting know-how.
MCO and AST Turbo AG have a historical past of collaboration, having collectively offered discipline companies on a number of tasks. Post-acquisition, AST will proceed to function below its present administration, using its present buyer and enterprise base whereas integrating MCO’s technological experience to enhance service high quality and broaden operations.
This acquisition aligns with MHI Group’s technique of forming strategic partnerships to include exterior experience and lengthen its technological and repair choices to a broader buyer base. MCO is dedicated to assembly buyer expectations and delivering high-quality companies globally.