Crane Company Announces Acquisition of U.S. Pump Business from Trillium Flow Technologies
STAMFORD, Conn., September 14, 2026—Crane Company (NYSE:CR) has entered a definitive agreement to acquire the U.S. pump business from First Reserve-backed Trillium Flow Technologies for approximately $240 million. The acquisition represents a multiple of about 14.6x estimated 2026 adjusted EBITDA.
This acquisition includes well-known brands such as Floway, Wemco, Roto-Jet, and WSP, which are vital to municipal water and wastewater applications. The business has a broad installed base of equipment that supports ongoing service and replacement needs.
Alex Alcala, President and CEO of Crane Company, stated, “These brands enhance our Process Flow Technologies segment, broaden our presence in engineered pump technologies, and increase our exposure to stable water and wastewater markets. We also see significant opportunities for innovation and value creation by merging these brands with Crane’s operational capabilities.”
The acquired business anticipates a full-year revenue of around $115 million. The transaction is expected to close in the fourth quarter, pending customary closing conditions and regulatory approvals.
About Crane Company
Founded in 1855, Crane Company is a leader in manufacturing engineered components for mission-critical applications across various sectors, including aerospace and process industries. With about 8,300 employees worldwide, Crane focuses on two main growth platforms: Aerospace & Advanced Technologies and Process Flow Technologies. More information can be found at www.craneco.com.
Forward-Looking Statements Disclaimer
This press release contains forward-looking statements that reflect management’s assumptions and expectations. Actual results may differ due to various risks and uncertainties, as discussed in the Company’s SEC filings. Crane assumes no obligation to update any forward-looking statements.
Source: Crane Company
Contacts:
Allison Poliniak, VP Investor Relations
IR@craneco.com
www.craneco.com
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