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Acquiring Company
Crane Company
Acquired Company
Druck Panametrics Reuter-Stokes and optek-Danulat
StamfordOtherManufacturingAerospaceManufacturingAerospaceDescription
On April 27, 2026, Crane Company announced the successful integration of several acquired businesses, including Druck, Panametrics, Reuter-Stokes, and optek-Danulat. This acquisition-driven strategy contributed significantly to Crane's impressive 24.9% sales increase in Q1 2026, leading to an elevated profit forecast. The company reported a 15% growth in adjusted EPS, highlighting the positive impact of these acquisitions on earnings.
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Frequently asked
Who acquired Druck Panametrics Reuter-Stokes and optek-Danulat?
Druck Panametrics Reuter-Stokes and optek-Danulat was acquired by Crane Company, based in Stamford. The deal was reported on April 28, 2026. Crane Company is a premier industrial manufacturing and technology company, delivering innovation and technology-led solutions to its customers since its founding in 1855. Crane Company is publicly traded (CR) and operates in Other.
When did Crane Company acquire Druck Panametrics Reuter-Stokes and optek-Danulat?
Crane Company's acquisition of Druck Panametrics Reuter-Stokes and optek-Danulat was reported on April 28, 2026. On April 27, 2026, Crane Company announced the successful integration of several acquired businesses, including Druck, Panametrics, Reuter-Stokes, and optek-Danulat. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Druck Panametrics Reuter-Stokes and optek-Danulat do?
The businesses acquired consist of leading names in measuring pressure, flow, and industrial process control. Each company specializes in sensing technologies and solutions for various applications. It is privately held, operating in Manufacturing.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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