Jun 17, 2025 (MarketLine via COMTEX) --
The transaction is set to close in Q4 2025.
Energy technology company Baker Hughes has announced plans to acquire Continental Disc (CDC), a safety pressure management solutions company, from investment partnerships managed byATinicum for approximately $540m.
The transaction, which will be funded with cash in hand, is set to close in the fourth quarter of 2025 (Q4 2025), pending customary conditions and regulatory approvals.
Headquartered in Liberty, Missouri, CDC is known for designing and manufacturing rupture discs, holders, indicators, pressure and vacuum-relief valves, flame and detonation arrestors, and related safety products.
These products are highly complementary to Baker Hughes' Industrial & Energy Technology's current control valve and high-pressure relief valve products, used across a range of industries including pharmaceutical, chemical, oil and gas, and aerospace.
CDC boasts a substantial global installed base, with essential products that necessitate regular replacement to ensure safety and operational reliability, enabling the company to generate recurring revenue.
In 2024, CDC reported that approximately 80% of its $109m in proforma revenue was recurring.
Tinicum partner Michael Donner added: aEURoeWe are confident thatABaker HughesAwill bring exciting new growth opportunities to the business and its team, given Baker HughesaEUR(TM) highly complementary product lines and global reach.aEUR
The acquisition of CDC, coupled with the recent Surface Pressure Control (SPC) transaction and the sale of the precision sensors & instrumentation (PSI) product line, is a strategic move by Baker Hughes to optimise its portfolio.
Baker Hughes chairmanAand CEOALorenzo SimonelliAsaid: aEURoeWe are excited to enhance our industrial portfolio and expand our addressable market with the addition of CDCaEUR(TM)s well-established critical pressure management solutions.
aEURoeTogether with the recently announced SPC and PSI transactions, this acquisition sets the blueprint for our portfolio optimisation strategy aEUR" focused on driving higher returns and creating long-term value for our shareholders.aEUR
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COMTEX_466451374/2227/2025-06-17T09:34:33
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