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Crane Company acquires Druck and others to boost growth

PUBLIC · CRApr 28, 2026

Acquiring Company

Crane Co

Acquired Company

Druck Panametrics Reuter-Stokes and optek-Danulat

StamfordOtherManufacturingAerospaceManufacturingAerospace

Description

On April 27, 2026, Crane Company announced the successful integration of several acquired businesses, including Druck, Panametrics, Reuter-Stokes, and optek-Danulat. This acquisition-driven strategy contributed significantly to Crane's impressive 24.9% sales increase in Q1 2026, leading to an elevated profit forecast. The company reported a 15% growth in adjusted EPS, highlighting the positive impact of these acquisitions on earnings.

Quick answer

Crane Co is acquiring Druck Panametrics Reuter-Stokes and optek-Danulat, announced April 28, 2026. Crane Co is based in Stamford, Connecticut, United States.

How much did Crane Co pay for Druck Panametrics Reuter-Stokes and optek-Danulat?
The deal value was not disclosed.
What does Crane Co do?
Crane Co is a diversified industrial firm that operates through three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials.
Where are Crane Co and Druck Panametrics Reuter-Stokes and optek-Danulat based?
Crane Co is based in Stamford, Connecticut, United States.
Who are the decision-makers at Crane Co?
Fundz holds 5 contacts at Crane Co. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Crane Co

Location

100 First Stamford Place

Stamford, Connecticut, United States

About

Crane Co is a diversified industrial firm that operates through three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. In 2023, the company generated approximately $2.1 billion in revenue and played a significant role in manufacturing products ranging from aerospace components to engineered materials.

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Frequently asked

Who acquired Druck Panametrics Reuter-Stokes and optek-Danulat?

Druck Panametrics Reuter-Stokes and optek-Danulat was acquired by Crane Co, based in Stamford. The deal was reported on April 28, 2026. Crane Co is a diversified industrial firm that operates through three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. Crane Co is publicly traded (CR) and operates in Other.

When did Crane Co acquire Druck Panametrics Reuter-Stokes and optek-Danulat?

Crane Co's acquisition of Druck Panametrics Reuter-Stokes and optek-Danulat was reported on April 28, 2026. On April 27, 2026, Crane Company announced the successful integration of several acquired businesses, including Druck, Panametrics, Reuter-Stokes, and optek-Danulat. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Druck Panametrics Reuter-Stokes and optek-Danulat do?

The businesses acquired consist of leading names in measuring pressure, flow, and industrial process control. Each company specializes in sensing technologies and solutions for various applications. It is privately held, operating in Manufacturing.

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