Deal Details

Continental Disc Is Acquired by Baker Hughes

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Summary

About

CDC designs and manufactures rupture discs, rupture disc holders, burst disc indicators, pressure- and vacuum-relief valves, flame and detonation arrestors and related safety products. CDC is a leader in addressing pressure / vacuum safety and pressure management for critical applications across a broad range of attractive end markets. With a large global installed base and essential products that require regular replacement to maintain safety and operational reliability, CDC generates significant (80%) recurring revenue. CDC is headquartered in Liberty, Missouri.

Tinicum, founded in 1974 as a family investment office, is a private partnership that manages a diversified group of manufacturing, distribution and industrial technology companies. It seeks to be a trusted partner of business owners and executives who share its belief that long-term prosperity can be created by teams of capable, honest people working together and investing diligently to fulfil the potential of a great business. Tinicum is headquartered in New York, New York.

Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, Baker Hughes' innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Baker Hughes is headquartered in Houston, Texas.

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