MHI Compressor Corporation Completes Acquisition
Mitsubishi Heavy Industries Compressor Corporation (MCO), a key subsidiary of the
Mitsubishi Heavy Industries (MHI) Group, announced the successful acquisition of all
shares of AST Turbo AG, a Swiss rotating equipment maintenance specialist, with the
transaction finalized on February 27, 2026. This strategic move bolsters MCO's global
after-sales service network and strengthens its foothold in the international energy and
resource sectors.
Headquartered in Altendorf, Switzerland, AST Turbo AG is a leading provider of
maintenance, inspection, and field services for critical rotating equipment—including
compressors and steam turbines—used extensively in oil, gas, and energy development
projects. The company boasts seasoned technical teams and cutting-edge engineering
solutions, notably 3D laser measurement-based virtual assembly technology, which
streamlines on-site workflows, reduces inspection time, and enhances plant availability.
With a proven project portfolio spanning Europe, North America, and the Middle East,
AST brings deep regional expertise and a strong global service track record.
For MCO, the acquisition addresses rising customer demands for faster turnaround times
for repairs, parts replacement, and inspections post-installation, as well as shorter service
intervals to maximize equipment uptime. MCO and AST have maintained a long-standing
collaborative partnership, jointly delivering field services for numerous large-scale energy
projects—laying a solid foundation for seamless integration. Post-acquisition, AST will
operate under its existing management team to ensure business continuity, while
leveraging MHI Group's technological prowess and global resources to elevate service
quality and expand market reach.
This transaction aligns with MHI Group's strategic partnership initiatives, designed to
integrate external expertise and deliver comprehensive, lifecycle support to clients
worldwide. By combining MCO's engineering excellence with AST's specialized
maintenance capabilities, the group is poised to enhance its competitiveness in the
global turbomachinery service market and better serve the evolving needs of the energy
industry.
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