Baker Hughes Buys Continental Disc for $540MM

Baker Hughes to acquire Continental Disc Corporation - Drilling Contractor

Baker Hughes agreed to acquire Continental Disc Corporation (CDC), a provider of safety-critical pressure management solutions, from investment partnerships managed by Tinicum Incorporated in an all-cash transaction for approximately $540 million. Headquartered in Liberty, Missouri, CDC designs and manufactures rupture discs, rupture disc holders, burst disc indicators, pressure- and vacuum-relief valves, flame and detonation arrestors … The pos…

Baker Hughes to acquire Continental Disc

Baker Hughes has announced plans to acquire Continental Disc (CDC), for approximately $540m.

Baker Hughes Buys Continental Disc for $540MM

Baker Hughes announced its third transaction this month—this time to acquire pressure management solutions provider Continental Disc Corp. for $540 million—as the company seeks to optimize its portfolio.