Debevoise Advises INDICOR, a Clayton, Dubilier & Rice Portfolio Company, in the $670 Million Sale of Its Compressor Controls Corporation Division to Honeywell

26 April 2023

Debevoise & Plimpton LLP is advising INDICOR, a Clayton, Dubilier & Rice portfolio company (CD&R), in the $670 million sale of its Compressor Controls Corporation (CCC) division to Honeywell. For more information, please see Honeywell’s press release.

CCC is a leading provider of turbomachinery control and optimization solutions, including control hardware, software and services, and primarily serves the LNG, gas processing, refining and petrochemical segments.

The Debevoise team was led by M&A partner Uri Herzberg and includes partners Jennifer Chu and David Innes, counsel David Iozzi and John Love and associates Matthew Jahnle, Katrina Mari Kaczynski, Louis Sanchez and Elina Sigal, finance partner Brett Novick and associate Faridat Arogundade , executive compensation & employee benefits partner Michael Snypes Jr., and associate Matthew Ryan, tax partner Erin Cleary and associates Lena Smith and Elliott Tuchman, antitrust partners Ted Hassi and Timothy McIver and international counsel Anne-Mette Heemsoth and associate Kayleigh Anderson.