09:04 AM EDT, 06/16/2025 (MT Newswires) -- Baker Hughes ( BKR ) said Monday it has agreed to acquire Continental Disc from investment partnerships managed by Tinicum for about $540 million in an all-cash deal.

Baker Hughes ( BKR ) said the deal, set to close in Q4, will be funded with cash on hand and is expected to be immediately accretive to earnings and free cash flow per share, as well as to industrial and energy technology segment margins.

Continental Disc manufactures safety products, including rupture discs, pressure and vacuum relief valves, and flame arrestors, the company said.

Shares of Baker Hughes ( BKR ) were down more than 1% in recent premarket activity Monday.