Baker Hughes To Acquire Power Generation Division Of Brush Group
Baker Hughes will acquire the Power Generation division of Brush Group (Brush) from One Equity Partners. Brush is an equipment manufacturer that specializes in electric power generation and management for the industrial and energy 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.
Brush’s technology complements Baker Hughes’ suite of technology designed to decarbonize the natural gas industry and other hard-to-abate sectors, such as its electric compressor liquefied natural gas offering and the integrated compressor line (ICL) technology for electrification of gas pipelines.
“We are delighted to bring the Brush Power Generation division, already a long-established and trusted supplier, into the Baker Hughes family,” said Rod Christie, executive vice president of Turbomachinery & Process Solutions at Baker Hughes. “The need for electrification in the hard-to-abate and natural gas sectors plays an increasingly critical role in accelerating the path to net zero. Through this acquisition, we will expand our core electrification capabilities and scope, further enhance our supply chain, and reach new industrial customers who can benefit from our broader turbomachinery and climate technology solutions offerings.”
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 for Baker Hughes to leverage Brush’s supply chain to establish an electromechanical technology platform within Baker Hughes to serve a broad customer base with integrated solutions. The acquisition adds four manufacturing facilities and expands Baker Hughes’ scope on customer projects in both the industrial and energy sectors. Brush operates in four plants in the United Kingdom, Czech Republic, and The Netherlands, and has aftermarket service centers in the United Kingdom and the United States.
The acquisition is expected to close in Q4 2022 upon receipt of all required customary regulatory approvals.
