Baker Hughes, an energy technology company, has completed its $540 million acquisition of Continental Disc Corporation (CDC) from investment partnerships managed by Tinicum Incorporated.
The acquisition will immediately contribute the company’s earnings and cash flow per share and Industrial and Energy Technology’s segment margins.
The transaction brings a complementary portfolio of products to Baker Hughes’ existing valves product line with the addition of CDC’s well-established critical pressure management solutions, the company said on Thursday.
CDC, based in Liberty, Missouri, makes safety products such as rupture discs, relief valves, and flame arrestors, used in industries including pharmaceuticals, chemicals, food and beverage, oil and gas, and aerospace. CDC has a strong global customer base and generates steady income, with 80% of its $109 million 2024 revenue coming from recurring product replacements to maintain safety and operational reliability.
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