Woodward Governor Company (NYSE:WGOV) has acquired Hoeflich Controls, Inc., a Machesney Park, Illinois based designer and manufacturer of natural gas engine ignition and combustion systems.
Woodward is the world’s largest independent designer and manufacturer of energy control solutions for aircraft and industrial engines, turbines and power equipment. Woodward’s products and services are used in the aerospace, power generation, oil and gas, rail, marine and industrial markets.
Terms of the transaction were not disclosed. Philpott Ball & Werner served as advisor to Woodward.