Crane agrees to buy Trillium Flow Technologies’ U.S. pump business for $240 million
CR•Crane to acquire Trillium Flow Technologies' U.S. pump business
Crane agreed to buy Trillium Flow Technologies’ U.S. pump business from First Reserve for about $240 million.
- The price implies roughly 14.6x estimated 2026 adjusted EBITDA.
- The business targets U.S. municipal water and wastewater markets, supported by an installed base that drives recurring aftermarket revenue.
- Full-year revenue is expected at about $115 million.
- Closing is targeted for the fourth quarter, subject to customary conditions.
