Crane Company agrees to acquire U.S. water pump business from Trillium Flow Technologies

Crane Company entered into a definitive agreement to acquire the U.S. pump business from First Reserve-Backed Trillium Flow Technologies for approximately $240 million. The business serves municipal water and wastewater markets with brands including Floway, Wemco, Roto-Jet and WSP.

“These brands are an excellent strategic fit that enhances the quality, durability, and growth profile of our Process Flow Technologies segment.”business.sherbrookerecord.com

• 1 source
• business.sherbrookerecord.comContact Us - Sherbrooke Record - Crane Company Announces Agreement to Acquire U.S. Water Pump Business from First Reserve-Backed Trillium Flow TechnologiesCrane CompanyMay 25, 2018

Summarized from public sources; check the original articles before acting on it.