Baker Hughes Completes Acquisition of Continental Disc Corporation

Rhea-AI Summary

Baker Hughes (NASDAQ: BKR) has successfully completed the $540 million all-cash acquisition of Continental Disc Corporation (CDC) from Tinicum Incorporated's investment partnerships. The strategic acquisition enhances Baker Hughes' valves product line by incorporating CDC's critical pressure management solutions, expanding their presence in the flow control market.

The transaction is expected to have an immediate positive impact on Baker Hughes' earnings and cash flow per share, while also benefiting the Industrial & Energy Technology segment margins.

Positive

• All-cash acquisition valued at $540 million demonstrates strong financial position
• Immediate accretion to earnings and cash flow per share expected
• Expansion of addressable market in flow control sector
• Enhancement of existing valves product line with complementary CDC portfolio

Negative

• Significant cash outlay of $540 million may impact short-term liquidity

HOUSTON and LONDON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it has completed its all-cash, $540 million acquisition of Continental Disc Corporation (CDC) from investment partnerships managed by Tinicum Incorporated.

The transaction brings a complementary portfolio of products to Baker Hughes’ existing valves product line, expanding the company’s addressable market in the flow control market with the addition of CDC’s well-established critical pressure management solutions. The acquisition is expected to be immediately accretive to earnings and cash flow per share and Industrial & Energy Technology’s segment margins.

About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Media Relations

Adrienne M. Lynch
+1 713-906-8407
adrienne.lynch@bakerhughes.com

Investor Relations

Chase Mulvehill
+1 346-297-2561
investor.relations@bakerhughes.com
   

FAQ

What is the value of Baker Hughes' acquisition of Continental Disc Corporation?

Baker Hughes acquired Continental Disc Corporation for $540 million in an all-cash transaction.

How will the CDC acquisition impact Baker Hughes (BKR) earnings?

The acquisition is expected to be immediately accretive to Baker Hughes' earnings and cash flow per share, as well as Industrial & Energy Technology segment margins.

What products does Continental Disc Corporation bring to Baker Hughes?

CDC brings a complementary portfolio of critical pressure management solutions that will expand Baker Hughes' existing valves product line in the flow control market.

Who was the previous owner of Continental Disc Corporation?

Continental Disc Corporation was previously owned by investment partnerships managed by Tinicum Incorporated.

What market segment will benefit from Baker Hughes' CDC acquisition?

The acquisition will expand Baker Hughes' presence in the flow control market, specifically enhancing their Industrial & Energy Technology segment.