M&A Deal Summary

Crane Acquires Sequentia Holdings

On August 7, 1998, Crane acquired manufacturer Sequentia Holdings for 125M USD

Acquisition Highlights
  • This is Crane’s 1st transaction in the Manufacturing sector.
  • This is Crane’s 4th largest (disclosed) transaction.
  • This is Crane’s 4th transaction in the United States.
  • This is Crane’s 1st transaction in Ohio.

M&A Deal Summary
Date 1998-08-07
Target Sequentia Holdings
Sector Manufacturing
Buyer(s) Crane
Deal Type Add-on Acquisition
Deal Value 125M USD

Target

Sequentia Holdings

Strongsville,, Ohio, United States
Sequentia Holdings, Inc., a manufacturer of fiberglass reinforced plastic (FRP) panels for construction and building products applications with manufacturing facilities in Grand Junction, TN and Houston, TX. Sequentia.

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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 4 of 26
Sector (Manufacturing) 1 of 8
Type (Add-on Acquisition) 4 of 19
State (Ohio) 1 of 2
Country (United States) 4 of 18
Year (1998) 4 of 6
Size (of disclosed) 4 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-01 Consolidated Lumber

Stillwater,, Minnesota, United States

Consolidated Lumber Co.,Inc. is a one-step wholesale distributor of lumber and millwork products in the greater Kansas City area.

Buy $41M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-08-12 Liberty Technologies

Conshohocken,, Pennsylvania, United States

Liberty Technologies develops, manufactures, markets and sells valve, motor, engine and compressor condition monitoring products and related services to customers in the nuclear power generation and industrial process markets worldwide.

Buy -
Mergr

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