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05.01.26 - 13:33
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Crane Company Completes Acquisition of Precision Sensors & Instrumentation and Announces Date for Fourth Quarter 2025 Earnings Release and Teleconference (Business Wire)
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STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced that it has closed on the previously announced acquisition of Precision Sensors & Instrumentation (“PSI”), a leading provider of sensor-based technologies for aerospace, nuclear and process industries, from Baker Hughes (NASDAQ: BKR).
Crane will provide comments about the acquisition in its upcoming fourth quarter fiscal year 2025 earnings call, which is scheduled as follows:
Earnings Release: January 26, 2026 after close of market by public distribution and the Crane Company website at www.craneco.com.
Teleconference: January 27, 2026 at 10:00 AM (Eastern) hosted by Max H. Mitchell, Chairman, President & CEO, Alex Alcala, Executive Vice President & COO, and Richard A. Maue, Executive Vice President & CFO. The call can be accessed in a listen-only mode via the Company's website www.craneco.com. An accompanying slide presentation will ...
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02.01.26 - 13:03
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Cactus Completes Previously Announced Acquisition of 65% Controlling Interest in Baker Hughes′s Surface Pressure Control Business (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced the completion of the acquisition of a majority interest in Baker Hughes Company's Surface Pressure Control business (“SPC” or “the Business”). Formal financial guidance for the Business will be provided later in the first quarter of 2026.
Scott Bender, Chairman and CEO of Cactus, commented, “I am excited to welcome the talented SPC team to the Cactus organization. This transaction is transformational for Cactus as it diversifies our geographic footprint and provides us with access to new growth markets. We look forward to operating the Business with our long-standing focus on safety, customer execution, margins, and returns, which will deliver long-term value to shareholders.”
About Cactus, Inc.
Cactus designs, manufactures, sells or rents a range of highly engineered pressure control and spoolable pipe technologies. Its products are sold and rented principally for onshore unconventional oi...
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22.12.25 - 14:12
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Baker Hughes to Supply Liquefaction Equipment for Commonwealth LNG Export Project (GlobeNewswire EN)
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HOUSTON and LONDON, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it received a Full Notice To Proceed from Technip Energies on behalf of Commonwealth LNG to supply primary liquefaction equipment for Commonwealth LNG's 9.5 million tonnes per annum (MTPA) export facility currently under development in Cameron, Louisiana....
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