Oct 2 (Reuters) – Hollysys Automation Technologies (HOLI.F), a China-based maker of automation and control systems, said on Monday it had formed a special committee to review a $1.55 billion offer from a consortium and start a sale process. In August, a consortium led by Recco Control Technology and Dazheng Group Investment Holdings made an all-cash offer of $25 per share to buy the company. The special committee will discuss the next steps with Recco Control and Dazheng Group (Hong Kong) in response to the offer to acquire the company, while expediting the process to seek "additional serious and compelling…