Crane Co. Acquires W.T. Armatur GmbH & Co. KG

MAXDORF, Germany, July 12, 2011 /PRNewswire/ --

CRANE ChemPharma Flow Solutions™, a Crane Co. business and a leading provider of highly engineered products for fluid handling applications worldwide, is pleased to announce its acquisition of German valve manufacturer W.T. Armatur GmbH & Co. KG.  Founded in 1978 and located in Maxdorf, Germany, WTA specializes in the production of bellows sealed globe valves and specialty change-over valves.  

"This acquisition expands the CRANE ChemPharma Flow Solutions product portfolio of highly engineered valves for the global chemical industry.  The addition of WTA's bellows sealed globe valve complements our existing product offering of low fugitive emission valve technology and aligns directly with our objectives of providing solutions for demanding chemical and petrochemical applications," said Tom Pozda, President, CRANE ChemPharma Flow Solutions.  "We are excited to offer WTA products worldwide leveraging our combined global sales networks."

About Crane

Crane Co. is a diversified global manufacturer of engineered industrial products traded on the New York Stock Exchange (NYSE: CR).  Two of its businesses, Crane ChemPharma Flow Solutions and Crane Energy Flow Solutions, are providing highly engineered products for fluid handling applications worldwide. http://www.craneflowsolutions.com/

CRANE ChemPharma Flow Solutions™ designs and manufactures a variety of high performance products including: sleeved plug valves, lined valves, high performance butterfly valves, aseptic and industrial diaphragm valves, actuation, lined pipe, fittings and hoses, and air operated diaphragm and peristaltic pumps.   Our trusted brands DEPA®, ELRO®, KROMBACH®, RESISTOFLEX®, REVO®, SAUNDERS®, WTA®, and XOMOX® offer our customers complete and innovative fluid handling solutions designed for the most demanding corrosive, erosive, and high purity applications within the chemical, biotechnology and pharmaceutical industries.

Contacts:
Aneta Stephens
+1-647-282-4767
astephens@cranechempharma.com
Ashley Washington
+1-513-745-6987
Awashington@cranechempharma.com