Crane Company Announces Agreement To Sell Engineered Materials Segment To KPS Capital Partners, LP

Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has entered into a definitive agreement to sell its Engineered Materials business to KPS Capital Partners, LP (“KPS”).

About VALTO Engineered Materials
VALTO Engineered Materials is a leading designer and manufacturer of high-quality fiberglass reinforced plastic composite products. The company offers a comprehensive portfolio of best-in-class products, including wall and ceiling panels used in commercial construction, sidewall and roof panels for recreational vehicles and interior liners and roof panels for trailer and truck bodies. VALTO serves a variety of end-markets, including building products, recreational vehicles and transportation. Follow VALTO Engineered Materials on FacebookXLinkedIn, Instagram, and YouTube.