---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-137875"
form_type: "8-K"
ticker: "CR"
cik: "0001944013"
company_name: "Crane Co"
filed_at: "2025-06-09T23:59:59+00:00"
generated_at: "2026-05-19T17:35:11.623080+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Crane Company to acquire Precision Sensors & Instrumentation from Baker Hughes for $1.06B

## Summary
- Purchase price of $1,060M after adjusting for ~$90M NPV of tax benefits.
- PSI expected 2025 sales of ~$390M and adjusted EBITDA of ~$60M.
- Transaction meets Crane's financial criteria including 10% ROIC by year five.
- Closing expected end of 2025 or early 2026, subject to regulatory approvals.
- Crane estimates post-acquisition net debt to adjusted EBITDA ratio of ~1x.

## SEC filing metadata
- accession: 0001193125-25-137875
- form_type: 8-K
- ticker: CR
- cik: 0001944013
- company_name: Crane Co
- filed_at: 2025-06-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944013/000119312525137875/0001193125-25-137875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944013/000119312525137875/d62192d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-137875
- JSON: https://secwatch.observer/filing/0001193125-25-137875.json
- Plain text: https://secwatch.observer/filing/0001193125-25-137875.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.