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Industrial Machinery & Equipment M&A image Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sat., Apr. 27, 12:28 PM Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.

Slide #51. Crane Co. MEI Conlux Holdings

Acquirer: Crane Co. (NYSE:CR)
Acquiree: MEI Conlux Holdings
Details: Crane Co. (NYSE:CR), a diversified manufacturer of highly engineered industrial products, said today it had completed the previously announced acquisition of MEI Conlux Holdings.

Crane is a manufacturer of industrial products. Co.'s operations include the following segments: Aerospace and Electronics, which supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets; Process Flow Technologies, which a provider of fluid handling equipment for mission critical applications; and Engineered Materials, manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, and in commercial and industrial buildings applications, with additional applications including trailers.

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Company Name:  Crane Co (New)
Website:  www.craneco.com
Sector:  Industrial Machinery & Equipment
Number of ETFs Holding CR:  58
Total Market Value Held by ETFs:  $1.25B
Total Market Capitalization:  $8.11B
% of Market Cap. Held by ETFs:  15.40%
 

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April 27, 2024    12:28 PM Eastern
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Strong Buy (3.50 out of 4)
58th percentile
(ranked higher than approx. 58% of all stocks covered)

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