M&A Deal Summary

Crane Acquires Valve Repair Division -Groth

On December 20, 2000, Crane acquired machinery company Valve Repair Division -Groth from Groth for 3M USD

Acquisition Highlights
  • This is Crane’s 4th transaction in the Machinery sector.
  • This is Crane’s 17th largest (disclosed) transaction.
  • This is Crane’s 9th transaction in the United States.
  • This is Crane’s 1st transaction in Texas.

M&A Deal Summary
Date 2000-12-20
Target Valve Repair Division -Groth
Sector Machinery
Buyer(s) Crane
Sellers(s) Groth
Deal Type Divestiture
Deal Value 3M USD

Target

Valve Repair Division -Groth

Houston, Texas, United States
Valve Repair Division of Groth Corporation, the Valve Repair Division provides both shop and field testing and repair for a broad range of valve types, and is an authorized factory repair facility for many of the leading valve manufacturers.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 10 of 26
Sector (Machinery) 4 of 4
Type (Divestiture) 3 of 7
State (Texas) 1 of 1
Country (United States) 9 of 18
Year (2000) 3 of 3
Size (of disclosed) 17 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-20 Industrial Flow Group of Alfa Laval

United States

Industrial Flow Group of Alfa Laval engages in the manufacturing of Saunders brand of diaphragm valves manufactured in the UK and India, and the DEPA brand of air operated diaphragm pumps manufactured in Germany.

Buy $47M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-05-29 Xomox

Cincinnati, Ohio, United States

Xomox supplies high-end application driven sleeved plug valves, lined valves, high performance butterfly valves, and actuators to the chemical, petrochemical, pharmaceutical and other process industries. Xomox has major manufacturing facilities in Cincinnati, Ohio; Chihuahua, Mexico; Lindau, Germany; and Szekesfehervar, Hungary and operates 22 service centers in the Americas, Europe and Asia.

Buy $145M

Seller(S) 1

SELLER

Groth

Stafford, Texas, United States
Category Company
Founded 1960
Sector Machinery
DESCRIPTION

Groth engages in the manufacturing pressure/vacuum relief valves, flame and detonation arresters, blanket gas regulators, and other low pressure relief products.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal