Baker Hughes Closes Sale of Precision Sensors & Instrumentation to Crane Company

Reuters01-05
Baker Hughes Closes Sale of Precision Sensors & Instrumentation to Crane Company

Baker Hughes has completed the sale of its Precision Sensors & Instrumentation $(PSI)$ product line to Crane Company for $1.15 billion in cash before customary closing adjustments. The PSI business includes the Druck, Panametrics, and Reuter-Stokes brands. The transaction, originally announced in July 2025, is part of Baker Hughes’ strategy to enhance its balance sheet and redeploy capital toward higher-return opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baker Hughes Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9619059-en) on January 05, 2026, and is solely responsible for the information contained therein.

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