Baker Hughes to Acquire Continental Disc Corporation

Baker Hughes Company (NASDAQ:BKR) is one of the 12 Best Natural Gas Stocks to Buy According to Analysts.

Baker Hughes to Acquire Continental Disc Corporation

A drilling rig on a remote oilfield, its tower silhouetted against a setting sunset.

Baker Hughes Company (NASDAQ:BKR) recently announced that it has agreed to acquire Continental Disc Corporation, a leading provider of safety-critical pressure management solutions, in an all-cash transaction for approximately $540 million. The transaction is set to close in the fourth quarter of 2025, pending customary conditions and regulatory approvals.

Lorenzo Simonelli, Chairman and CEO at Baker Hughes Company (NASDAQ:BKR), stated:

“We are excited to enhance our industrial portfolio and expand our addressable market with the addition of CDC’s well-established critical pressure management solutions. Together with the recently announced SPC and PSI transactions, this acquisition sets the blueprint for our portfolio optimization strategy – focused on driving higher returns and creating long-term value for our shareholders.”

Baker Hughes Company (NASDAQ:BKR) is heavily involved in the natural gas sector, particularly in LNG and gas processing. Last month, the company announced an award from Frontier Infrastructure Holdings for 16 NovaLT™ gas turbines to power its data center projects in Wyoming and Texas, delivering up to 270 MW of efficient, reliable power.

Earlier this year, Baker Hughes also signed an agreement with Venture Global to support its LNG projects in the United States with technology and equipment. The energy technology firm also finalized a services frame agreement to support phases 1 and 2 of Venture Global’s Plaquemines LNG project in Louisiana.

Baker Hughes Company (NASDAQ:BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide.

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