HAWTHORNE, N.Y., June 20, 2019 /PRNewswire-PRWeb/ -- Gas Turbine Controls Corp. (GTC), a leading OEM alternative that provides replacement parts, training, field services and solutions for GE* turbine control systems, has agreed to acquire 100% of the shares of Industrial Control Care (ICC), a Dubai company, for an undisclosed sum. The acquisition is part of GTC's portfolio and growth plan to expand its offerings to cover the support of industrial controls beyond GE Turbine Control and Excitation systems. The transaction is expected to close in the second or third quarter of 2019.
Since 2001, GTC has established itself within the GE turbine operator industry as a staple alternative support option to the OEM for GE's Mark™ series turbine controls, EX-series excitation systems, and Innovation and LS-Series LCI systems, particularly when it comes to the legacy (obsolete) install base. GTC will continue its core offerings to support legacy (obsolete) systems, but with the acquisition of ICC, it widens its range of controls systems, which will benefit a far broader population of end-users looking to save on their OPEX and avoid costly CAPEX.
GTC President John SantaCroce stated, "Adding a sales office and repair facility in Dubai will give GTC's customers in the MEA region better access to our products and services. Adding systems such as ABB, Siemens, Rolls En-tronic, Alstom, Bailey, Honeywell, Triconex and others to the GTC portfolio will bring tremendous value to operators who are facing daunting budgetary hardships in today's economic environment, making the job for the I&C divisions ever more challenging. Now GTC can help plants by offering cost-efficient repairs and replacement parts for a wide range of systems."
To explore these new product and service offerings and learn more about Gas Turbine Controls, visit http://www.GasTurbineControls.com.
About Gas Turbine Controls
Since 2001, Gas Turbine Controls (GTC) has positioned itself as a premier technology supplier of replacement parts, repairs, training and field services for all versions of General Electric (GE) power plant controls systems, focusing largely on the Speedtronic & Excitation series. Areas of expertise include current, prior and discontinued versions of turbine control, excitation, LCI, generator protection and vibration monitoring systems. From our corporate headquarters in New York and several domestic and international offices, we are able to support our expanding worldwide customer base. Our team of committed personnel has decades of field and repair technology experience that will exceed your expectations and support the life of your power plant assets.
*Gas Turbine Controls Corporation ("GTC") is an independent supplier and service company. It is not affiliated with GE and is not an authorized distributor for GE. GE products sold by GTC may be obtained from third parties, may be used, remanufactured, unused or factory new and are not covered by a GE warranty unless otherwise stated.
To learn more about GTC, visit http://www.gasturbinecontrols.com.
SOURCE Gas Turbine Controls
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