Baker Hughes acquires Power Generation division of BRUSH Group
Baker Hughes has agreed to acquire the Power Generation division of BRUSH Group from One Equity Partners. BRUSH is an established equipment manufacturer that specializes in electric power generation and management for the industrial and energy sectors. This acquisition supports Baker Hughes’ strategic commitment to lead in providing decarbonization solutions for the natural gas industry and historically hard-to-abate sectors.
The addition of BRUSH will enhance Baker Hughes’ core turbomachinery portfolio with electromechanical equipment, including electric generators, synchronous condensers, electric motors and associated control power management systems. Already in use across a wide range of industries, BRUSH’s technology complements Baker Hughes’ existing e-LNG offering. Through the acquisition, Baker Hughes also plans to optimize its supply chain by leveraging BRUSH Power Generation’s manufacturing base and expanding its scope on customer projects in both the industrial and energy sectors.
BRUSH serves both commercial and industrial customers, including manufacturers, as well as energy producers, such as utility-scale power generators and upstream oil and gas producers. The acquisition provides an opportunity to leverage BRUSH’s expertise and supply chain to establish an electro-mechanical technology platform within Baker Hughes to serve a broad customer base with integrated solutions.
BRUSH now operates in four facilities in the U.K., Czech Republic and The Netherlands, with aftermarket capabilities through service centers in the UK and U.S.
The acquisition is expected to close in 4Q 2022 upon receipt of all required customary regulatory approvals.
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