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Baker Hughes to Sell Precision Sensors Product Line to Crane for $1.15 Billion
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Baker Hughes to Sell Precision Sensors Product Line to Crane for $1.15 Billion
Jun 9, 2025 5:59 AM

08:40 AM EDT, 06/09/2025 (MT Newswires) -- Baker Hughes ( BKR ) said Monday it will sell its Precision Sensors & Instrumentation product line to Crane (CR) for a total cash consideration of about $1.15 billion.

The deal, which is expected to close at the end of 2025 or early 2026, encompasses all assets of the business, including intellectual property, footprint and resources, Baker Hughes ( BKR ) said.

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