Dresser-Rand

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Dresser-Rand — overview

Assets Under Management

Type

Corporate Investor

Location

Houston, TX, US

Alternative Asset Classes

PEHF

About

Dresser-Rand is a global supplier of rotating equipment solutions, with centrifugal and reciprocating compressors, steam turbines, expanders, gas turbine packages, and control systems. Dresser-Rand delivers a complete package of solutions, from initial concept to equipment retirement for the worldwide oil and gas, chemical, petrochemical, and process industries. on September 21, 2014, Dresser-Rand Group Inc., announced that it has entered into a definitive merger agreement with Siemens under which Siemens will acquire all of the outstanding shares of Dresser-Rand common stock for $83.00 per share in cash.

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