Crane Company Announces Close of Engineered Materials Divestiture

January 2, 2025

Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced that it has closed on the previously announced divestiture of its Engineered Materials business to KPS Capital Partners, LP (“KPS”).

About Valto EM
Valto EM Inc. is a leading provider of fiber-reinforced composite panels. We combine our composite material science, process, and technology expertise with a deep understanding of customer needs to deliver innovative products that outperform traditional metals and woods. Our lightweight composite products deliver unsurpassed strength and durability. Since 1954, we have continued to pioneer numerous patented technologies for industrial and commercial product applications. We’ve built a proven reputation for industry leadership by partnering with customers and suppliers to deliver advanced, industry-leading solutions. Follow Valto EM on Facebook and LinkedIn.