Last updateThu, 16 Jul 2020 3pm

Valve Manufacturing

Crane Energy Flow Solutions Acquires Krombach Group

Crane Energy Flow Solutions announced that it has purchased all of the capital stock of the Krombach Group. The company, which is based in Kreuztal, Germany, employs 640 people globally and 2008 sales are estimated to be approximately $91 million. The purchase includes manufacturing and foundry facilities in Slovenia and ownership of a joint venture in China.

Source: Crane Co.

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