10:13 AM EDT, 08/07/2025 (MT Newswires) -- Baker Hughes ( BKR ) said Thursday it closed its all-cash acquisition of Continental Disc from investment partnerships managed by Tinicum for $540 million.
The transaction expands Baker Hughes' ( BKR ) presence in the flow control market with the addition of Continental's critical pressure management services, according to a statement.
The deal is anticipated to be immediately accretive to earnings and cash flow per share and Industrial and Energy Technology's segment margins, the company said.
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