M&A Deal Summary

Crane Acquires Environmental Products USA

On May 15, 1998, Crane acquired machinery company Environmental Products USA for 12M USD

Acquisition Highlights
  • This is Crane’s 1st transaction in the Machinery sector.
  • This is Crane’s 16th largest (disclosed) transaction.
  • This is Crane’s 1st transaction in the United States.
  • This is Crane’s 1st transaction in Florida.

M&A Deal Summary
Date 1998-05-15
Target Environmental Products USA
Sector Machinery
Buyer(s) Crane
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Environmental Products USA

Venice, Florida, United States
Environmental Products USA, Inc. is a manufacturer of packaged, membrane-based water treatment systems for industrial, commercial, and institutional markets.

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Buyer(S) 1

Buyer

Crane

Stamford, Connecticut, United States
Category Company
Founded 1855
Sector Machinery
Employees7,000
Revenue 2.1B USD (2023)
DESCRIPTION

Crane is a diversified manufacturer of highly engineered industrial products. Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. Crane was Incorporated in 1855 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 1 of 26
Sector (Machinery) 1 of 4
Type (Add-on Acquisition) 1 of 19
State (Florida) 1 of 2
Country (United States) 1 of 18
Year (1998) 1 of 6
Size (of disclosed) 16 of 17
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-05-29 The Number One Supply

North Carolina, United States

The Number One Supply egages in the building products distribution business.

Buy -
Mergr

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