# Crane makes $1.7 billion bid for pump-and-valve maker Circor

Crane Co proposed an all-cash deal at $45 per share to buy Circor International, a transaction described as worth $1.7 billion. Circor's board rejected the proposal, and Crane made it public on May 21, 2019.

- Type: Acquisition
- Announced: 2019-05-21
- Where: Stamford, Connecticut, United States
- Value: $1.70B
- Status: announced
- Products: valves, instruments, pipeline products
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Crane Co.](https://endata.com/companies/1347.md) (acquirer)
- [CIRCOR International](https://endata.com/companies/2122.md) (target)

## Sources

- [stamfordadvocate.com](https://www.stamfordadvocate.com/business/article/Stamford-s-Crane-Co-makes-bid-for-13866789.php), 2019-05-21: "Industrial-products manufacturer Crane Co. said Tuesday that it was trying to buy another industrial-parts maker, Circor International, in a deal that would be worth $1.7 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.