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BKR Expands Pressure Management Portfolio With $540M CDC Acquisition
ZACKS· 2025-06-17 13:25
Key Takeaways BKR is acquiring pressure management firm CDC for $540M in an all-cash deal announced on June 16, 2025. CDC brings 80% recurring revenues and safety-critical products across key industrial sectors. BKR expects immediate accretion to EPS, cash flow, and margins in its IET unit.Baker Hughes Company (BKR) ), a leading energy technology company, has announced the acquisition of Continental Disc Corporation (“CDC”), a Liberty, Missouri-based leader in pressure management solutions, for $540 milli ...
Baker Hughes to Acquire Continental Disc Corporation, a Differentiated Leader in Pressure Management Solutions
Globenewswire· 2025-06-16 12:30
CDC’s rupture disc and pressure/vacuum relief valve portfolio is a leader in addressing pressure/vacuum safety and pressure management for critical applications across a broad range of attractive end marketsTransaction adds complementary portfolio of products to Baker Hughes existing valves product lineAcquisition expected to be immediately accretive to earnings and cash flow per share and IET’s segment margins HOUSTON and LONDON, June 16, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy techn ...