Woodward has acquired the assets of EthosEnergy Power Plan Services, LLC’s iCON Controls Business. This acquisition marks a significant step forward in its growth strategy, expanding its support in gas turbine segments and enabling it to accelerate innovation in control system upgrades.
This acquisition is part of Woodward’s Industrial Asset Services growth plan, positioning Woodward to deliver more comprehensive solutions and strengthen its services business.
The acquisition is not financially material, and the financial details of the transaction are not public.