Crane Company Announces Agreement to Acquire U.S. Water Pump Business from First Reserve-Backed Trillium Flow Technologies

Crane (CR) reported Q3 2026 revenue of $754.6M, beating estimates by 2.5%. Adjusted EPS of $2.05 exceeded forecasts by 12.8%. Management raised full-year EPS guidance to $7.31. Operating and free cash flow margins declined year-over-year.

Crane Co (CR) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Contact: Allison Poliniak-Cusic Vice President, Investor Relations IR@craneco.com www.craneco.com Crane Company Reports Third Quarter 2026 Results, Raises and Narrows Full Year Adjusted EPS Guidance Third Quarter 2026 Highlights • Earnings per diluted share (EPS) fro

Crane Company (CR) reported Q3 2026 adjusted EPS of $2.05, up from $1.67 YoY, and raised FY26 adjusted EPS guidance to $7.23–$7.38. Q3 sales increased 28.1%, with 7.7% core growth and 21.1% from acquisitions. The company cited organic growth and recent acquisitions as drivers.

Crane Company (CR) agreed to buy Trillium Flow Technologies' U.S. pump business for $240M, expecting $115M in annual revenue. The deal, at 14.6x estimated 2026 adjusted EBITDA, aims to boost recurring revenue. CR generated $122.3M in Q2 operating cash flow, with $1.098B in debt. The acquisition's success depends on aftermarket earnings and integration.

Crane Company (CR) will acquire Trillium’s US pump business for $240M. The business, with brands like Floway and Wemco, is expected to generate $115M in annual revenue. Crane aims to expand its pump technologies and aftermarket services, with the deal set to close in Q4 2026, pending approvals.

Crane Company will acquire Trillium Pumps US for $240M, adding to its Process Flow Technologies segment. Trillium Pumps US, with $115M annual revenue, serves municipal water and wastewater utilities. Crane estimates the purchase at 14.6x 2026 EBITDA, implying $16.4M EBITDA. The deal is expected to close in Q4 2026.