Baker Hughes is set to acquire Continental Disc Corporation for approximately $540 million to enhance its safety product offerings in the energy sector.

Information on the Target

Continental Disc Corporation, LLC ("Continental Disc" or "CDC") specializes in the design and manufacturing of rupture discs, rupture disc holders, burst disc indicators, pressure and vacuum relief valves, as well as flame and detonation arrestors. Recognized as a leader in pressure and vacuum safety management, CDC services critical applications across a diverse range of end markets. With a significant global installed base and essential products that necessitate regular replacement for safety and operational reliability, CDC boasts an impressive recurring revenue model, with approximately 80% of its revenues generated from repeat business. The company is headquartered in Liberty, Missouri.

Tinicum, the parent company of CDC and founded in 1974 as a family investment office, manages a diverse portfolio of manufacturing, distribution, and industrial technology enterprises. Tinicum is committed to being a reliable partner for business owners and executives who are aligned with its vision of creating long-term value through diligent investment and collaboration among capable teams. The firm is based in New York, New York.

Industry Overview in the Target’s Specific Country

The industrial safety products market in the United States is characterized by a consistent demand across various sectors, including oil and gas, chemicals, and pharmaceuticals. As regulatory standards for safety continue to evolve, there is a growing