Crane Company to Buy U.S. Pump Business for $240 Million
The industrial manufacturer said the Floway, Wemco, Roto-Jet and WSP brands will strengthen its Process Flow Technologies segment.
Crane Company (CR) agreed to acquire the U.S. pump business of Trillium Flow Technologies, a First Reserve-backed industrial flow-control company, for approximately $240 million.
The deal is expected to close in the fourth quarter, subject to customary closing conditions, including applicable regulatory approvals. The company did not specify whether the purchase would be funded in cash, stock or a mix.
The acquired brands — Floway, Wemco, Roto-Jet and WSP — are mission-critical pumping solutions used primarily across municipal water and wastewater applications. The acquisition is an excellent strategic fit that enhances the quality, durability and growth profile of Crane’s Process Flow Technologies segment.
“[T]hese brands are an excellent strategic fit that enhances the quality, durability, and growth profile of our Process Flow Technologies segment,” said Alex Alcala, President and Chief Executive Officer of Crane Company.
Crane is a manufacturer of highly engineered components for aerospace, defense, space and process-industry end markets. It organizes its operations around two growth platforms, Aerospace & Advanced Technologies and Process Flow Technologies, and employs about 9,000 people across the Americas, Europe, the Middle East, Asia and Australia.
The pump purchase follows Crane’s January closing of Precision Sensors & Instrumentation, a sensor-based technology provider for aerospace, nuclear and process industries, which it bought from Baker Hughes. That deal was folded into the same Process Flow Technologies platform and was slated for commentary on the company’s fourth-quarter 2025 earnings call.
The Trillium pump unit is one of several pieces of the Trillium portfolio that have changed hands in recent months. Flowserve completed an all-cash $490 million acquisition of Trillium’s Valves Division in June, a separate flow-control business focused on nuclear and power-generation valves.
Crane’s Process Flow Technologies platform already includes pressure-measurement and instrumentation businesses such as Druck, Panametrics and Reuter-Stokes, and optek-Danulat, which the company has cited as sources of strategic and competitive advantage. The new pump brands extend that platform into municipal water and wastewater pumping, a market Crane has not previously highlighted in its growth-platform descriptions.
The transaction will be subject to customary closing conditions, including regulatory approvals, and is expected to close in the fourth quarter.