Baker Hughes Mergers & Acquisitions

Baker Hughes M&A Summary

Baker Hughes has acquired 23 companies, including 7 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 11 assets.

Baker Hughes’ largest acquisition to date was in 2025, when it acquired Chart Industries for $13.6B. It’s largest disclosed sale occurred in 2006, when it sold WesternGeco to Schlumberger for $2.4B. Baker Hughes has acquired in 7 different US states, and 8 countries. The Company’s most targeted sectors include energy services and equipment (35%) and software (22%).

M&A Summary

  • M&A Total Activity33
    • M&A Buy Activity22
    • M&A Sell Activity11
  • Total Sectors Invested 8
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 17

Baker Hughes

Baker Hughes Co.

17021 Aldine Westfield Road,
Houston, Texas 77073
United States,
(713) 439-8600
www.bakerhughes.com

All (33) Buy (22) Sell (11)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2025-07-29 Chart Industries · Machinery
Ball Ground, Georgia · www.chartindustries.com

Chart Industries is a provider of cryogenic equipment used in industrial gas, hydrocarbon, and medical applications. Chart Industries was founded in 1859 and is headquartered in Ball Ground, Georgia.

Revenue (mlns) 4,160 USD
EBITDA (mlns) 970 USD
Advisors: Wells Fargo Securities , Winston & Strawn
13,600
14.0x EBITDA
3.3x REVENUE
Add-on Acquisition

Baker Hughes
Advisors: Centerview Partners , Cleary Gottlieb Steen & Hamilton , Goldman Sachs , Morgan Stanley , Wilmer Cutler Pickering Hale and Dorr

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