Synchrony - Ownership and Business Overview

Electrical EquipmentCompany

Synchrony Ownership

Who owns Synchrony?

Synchrony is owned by Dresser-Rand Group. It was acquired on December 7, 2011.

Synchrony Business Overview

Where is Synchrony headquartered?

Synchrony is headquartered in Salem, Virginia.

What sector is Synchrony in?

Synchrony is an electrical equipment company.

When was Synchrony founded?

Synchrony was founded in 1993.

Electrical Equipment M&A Summary in 2011

Out of 60 sectors in the Mergr database, electrical equipment ranked 21 in number of deals in 2011. The largest electrical equipment acquisition in 2011 was Converteam SAS - which was acquired by General Electric Company for $3.2B.

Join Mergr to view all 111 acquisitions of electrical equipment companies in 2011, including 19 acquisitions by private equity firms, and 92 by strategics.

Synchrony, Inc.

4655 Technology Drive,
Salem, Virginia 24153
United States,
(540)444-4200
www.synchrony.com

Synchrony is a technology development company with a portfolio of technologies and products including active magnetic bearings (AMB), high speed motors and generators, and power electronics for clean, efficient, and reliable rotating machinery.


Company Summary

SECTOR

Electrical Equipment

Established

1993

Subsidiary of

Dresser-Rand Group, Inc.

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