Crane Currency - M&A Summary, Ownership, and Business Overview

Forest ProductsCompany

Crane Currency M&A Summary

Crane Currency has acquired 2 companies of its own. It has also divested 1 asset.

Crane Currency’s largest acquisition to date was in 2002, when it acquired Crane AB for $15M. It’s largest disclosed sale occurred in 2014, when it sold Crane Technical Materials to Neenah for $72M. Crane Currency has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include business services (100%).

Crane Currency Ownership

Who owns Crane Currency?

Crane Currency is owned by Crane. It was acquired on December 5, 2017.

Was Crane Currency formerly PE-backed?

Yes. Crane Currency was formerly owned by 1 private investor.

Crane Currency Business Overview

Where is Crane Currency headquartered?

Crane Currency is headquartered in Dalton, Massachusetts.

How many employees does Crane Currency have?

Crane Currency has 2,300 employees.

What sector is Crane Currency in?

Crane Currency is a forest products company.

When was Crane Currency founded?

Crane Currency was founded in 1801.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1

Crane Currency

Crane & Co., Inc.

30 South Street,
Dalton, Massachusetts 01226
United States,
(413) 684-7938
www.crane.com

Crane & Co., Inc. is a provider of an advanced micro-optic security technology, and a fully integrated supplier of secure and highly engineered banknotes for central banks all over the world. Crane & Co was founded in 1801 and is based in Dalton, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $15M $15M
Sell (0.0/yr) # 1 - - - - - 1
vol $72M $72M
  3

Most Recent M&A

Company Date Value Type
Crane Technical Materials, Inc. 2014-06-05 72M USD Divestiture
Dalton, Massachusetts · www.cranenonwovens.com
Visual Physics, Inc. 2008-10-02 - Add-on Acquisition
Alpharetta, Georgia
Crane AB 2002-01-24 15M USD Add-on Acquisition
Tumba, Sweden · www.crane.se
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 2 (100%) 15M (100%) - -
Forest Products - - 1 (100%) 72M (100%)
Total 2 $15M 1 $72M

By Geo

State/Country Buy Value Sell Value
United States 1 - 1 72M
  Georgia 1 - - -
  Massachusetts - - 1 72M
Sweden 1 15M - -
Domestic 1 (50%) - 1 (100%) 72M (100%)
Cross-border 1 (50%) 15M (100%) - -
Total 2 $15M 1 $72M

Deal Values

buy # Total
< $100M 1 $15M
TOTAL $15M
Largest Crane AB
$15M (2002-01-24)
sell # Total
< $100M 1 $72M
TOTAL $72M
Largest Crane Technical Materials, Inc.
$72M (2014-06-05)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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