Calgary, AB, Monday, November 2, 2020: Compass Energy Systems Ltd. (Compass) a leading provider of compression and gas processing systems, is pleased to announce that their agreement to acquire Exterran’s U.S. natural gas compression assets closed, as of November 1, 2020.
Included in Compass’ industry-changing acquisition are:
- Exterran’s 40-acre Brittmoore Road fabrication facility in Houston, TX
- A strong and experienced team of skilled compression experts
- Compression equipment and components
- A 60+ year legacy of compression excellence
- An established client base
This acquisition provides opportunities that will benefit Compass, their employees and their clients:
- Increased Compass footprint in U.S. and around the world
- Expanded product portfolio
- Access to the Port of Houston
Compass President, John Forgeron, states: “The beauty of this transaction is that there is very little redundancy. In Canada, we provide a broad suite of offerings through our five business divisions (Compression, Process, Retrofit, Rentals, Parts+Service), and in the U.S., our Brittmoore team specializes in fabricating U.S.-style compression packages. Both groups will continue doing what they’re doing well today, and over time, we will gradually add complementary product offerings out of our Brittmoore Road facility.”
The acquisition supports Compass’ plans for growth and expansion into the United States and will help solidify Compass’ position as an international leader in providing expert and reliable compression and process equipment solutions for any application around the globe.
Compass is a privately-owned company, established in 2001, that specializes in designing and fabricating top-quality, natural gas compression and process package systems for the energy industry. Over the last two decades, Compass has evolved and grown into a diverse company with five integrated and complementary business divisions (compression, process, retrofit, rentals, parts + service) providing products and services to energy companies around the world.
For more information, contact:
Lori Crawford, Manager, Marketing