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Crane Co
James L. L. Tullis, Lead Independent Director of Crane Company, has resigned from the Board effective at the conclusion of the 2027 Annual Meeting of Stockholders in accordance with the company's director retirement policy. The resignation is not due to any disagreement regarding company operations or policies, and the Board will initiate a process to identify a successor.…more
Crane Co
Crane Company has entered into a definitive agreement to acquire the U.S. pump business from Trillium Flow Technologies for approximately $240 million. This acquisition strengthens the company's position in the municipal water and wastewater markets, adding a business segment expected to generate approximately $115 million in annual revenue.…more
Crane Co
James L. Tullis, an executive at Crane Co, reported a change in beneficial ownership of company securities effective August 31, 2026. This filing serves as a standard Form 4 disclosure regarding insider stock holdings.…more
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Recent M&A Activity and Corporate Restructuring Updates
Several companies are currently exploring strategic alternatives or acquisitions to expand their business operations. Meanwhile, other firms are filing for bankruptcy to restructure their balance sheets amid ongoing financial pressures.…more
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Crane Company has entered into a definitive agreement to acquire Trillium Pumps US from Trillium Flow Technologies for about $240 million. The transaction is expected to close later this year, pending customary regulatory approvals.…more
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