backKing & Spalding is advising our client, Baker Hughes Company (NASDAQ: BKR), in its definitive agreement to acquire Continental Disc Corporation and its subsidiaries (“CDC”) from an affiliate of Tinicum Incorporated (“Tinicum”), in an all-cash transaction for approximately $540 million. The transaction is expected to close in the fourth quarter of 2025, subject to applicable regulatory approvals.
Baker Hughes is an energy technology company that provides safer, cleaner and more efficient solutions to energy and industrial customers in over 120 countries.
CDC is based in Liberty, Missouri and is a global manufacturer and leading provider of safety-critical pressure management solutions, including rupture discs and pressure/vacuum relief valves, with manufacturing facilities and operations in the US, the UK, The Netherlands, Singapore, China and India.
Tinicum is a private equity firm based in New York that invests in public and private companies across a wide variety of industries.
The King & Spalding team advising Baker Hughes (NASDAQ: BKR) on the acquisition consisted of Erik Belenky, Pablo Alvarez, Kristen Landers, Angel Reed, and Milind Mishra.
A press release announcing the transaction can be found here.