FMC Technologies to acquire Control Systems International

FMC Technologies has signed a definitive agreement to acquire Control Systems International Inc. 

Offshore staff

HOUSTON– FMC Technologies has signed a definitive agreement to acquire Control Systems International Inc.  Terms of the transaction were not disclosed.

Robert Potter, FMC’s executive VP of energy systems, said: “The addition of CSI enhances FMC’s automation and controls technologies and supports our long-term strategy to expand our subsea production and processing systems. This acquisition also provides immediate benefits for our Measurement Solutions business to offer comprehensive fuel terminal and pipeline automation systems, resulting in significant value to our customers.”

2/17/2012

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