Crane Company has acquired Trillium Flow Technologies for $240.0 million. This transaction sees Crane Company expand its industrial offerings by integrating Trillium Flow Technologies, a provider of mission-critical valves, pumps, and aftermarket services. Trillium Flow Technologies, founded on a legacy of premier products and service, serves vital sectors including oil and gas, power generation, water and wastewater, and general industry, offering comprehensive support through design, installation, and operation, alongside knowledgeable customer support and a global supply chain.
The acquisition represents a strategic move by Crane Company to strengthen and broaden its presence in the flow control solutions market. Trillium Flow Technologies brings an innovative approach to delivering continuity and confidence in flow control systems, backed by its expertise in engineering design, aftermarket parts, and unmatched responsiveness. Its established global footprint and commitment to customer support are key assets that complement Crane Company's existing operational framework.
The integration of Trillium's capabilities is anticipated to enhance the combined entity's ability to deliver comprehensive and innovative solutions to a wider customer base. By uniting Trillium's robust product portfolio and extensive service network with Crane Company's resources, the acquisition aims to foster the development of more advanced products and customer-centric service. This collaboration is intended to add significant value at every stage, from initial engineering and design to installation and sustaining operations, ensuring reliable performance for demanding industrial applications.
The unified operations will strive to become a leading and trusted partner in flow control, leveraging an integrated culture and passionate collaboration across the entire company. This strategic alignment is poised to deliver bolder results, drive innovation, and provide an unmatched responsiveness to meet the demanding schedules and evolving needs within critical industrial applications globally.