M&A Deal Summary

Verzatec Acquires Process Flow Technologies

On May 24, 2021, Verzatec acquired manufacturer Process Flow Technologies from Crane for 360M USD

Acquisition Highlights
  • This is Verzatec’s 1st transaction in the Manufacturing sector.
  • This is Verzatec’s largest (disclosed) transaction.
  • This is Verzatec’s 1st transaction in the United States.
  • This is Verzatec’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2021-05-24
Target Process Flow Technologies
Sector Manufacturing
Buyer(s) Verzatec
Sellers(s) Crane
Deal Type Divestiture
Deal Value 360M USD

Target

Process Flow Technologies

Stamford, Connecticut, United States
Process Flow Technologies is a provider of proprietary and highly engineered process flow technology.

Search 200,050 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

Verzatec

San Pedro Garza García, Mexico
Category Company
Founded 1959
Sector Manufacturing
DESCRIPTION

Verzatec engages in the manufacture and sale of fiberglass-reinforced plastic laminates, polycarbonate sheets, and panels for the construction and transportation industry mainly. Verzatec was founded in 1959 and is based in San Pedro Garza García, Mexico.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

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 2 of 2
Sector (Manufacturing) 1 of 1
Type (Divestiture) 2 of 2
State (Connecticut) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 Crane Currency

Dalton, Massachusetts, United States

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.

Buy $800M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-24 BAUM

Birkenfeld, Germany

BAUM is a manufacturer of highly corrosion resistant piping products. BAUM design, manufacture, and distribution of lined piping products for the chemical, pharmaceutical and semiconductor markets. BAUM is based in Birkenfeld, Germany.

Buy -
Mergr

Product

Company

Legal