Description
Baker Hughes To Sell Waygate? The Strategic Logic Behind The Rumored $1.5B Deal!
Baker Hughes is reportedly exploring a potential ~$1.5 billion sale of its Waygate Technologies unit, a Germany-based industrial inspection and testing equipment business that traces its roots back to GE Inspection Technologies. The deliberations, still preliminary, come at a pivotal moment for the energy technology group following its $9.6 billion agreement to acquire Chart Industries and amid an ongoing comprehensive strategic evaluation. Waygate, which manufactures radiographic testing systems, industrial CT scanners and ultrasonic inspection tools across more than 80 countries, is considered a non-core asset relative to Baker Hughes’ expanding focus on gas infrastructure, LNG, power systems and digitalized industrial energy solutions. The potential divestiture therefore raises several key questions: whether the sale reflects portfolio simplification ahead of Chart integration, how a ~$1.5 billion valuation compares to current market multiples, what the balance-sheet implications could be, and how investors may interpret another step toward reshaping the company’s industrial profile.
