Crane Co (CR): M&A transaction — Crane completes $1.06B acquisition of Precision Sensors & Instrumentation from Baker Hughes

Crane Co

Purchase price $1.06B after adjusting for expected tax benefits with ~$90M NPV, before working capital adjustments.
Acquired 100% of PSI, a provider of sensor-based technologies for aerospace, nuclear and process industries.
Q4 2025 earnings release set for January 26, 2026; teleconference January 27 at 10:00 AM ET.
Acquisition was previously announced on June 6, 2025 and funded with cash and debt.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Crane Co completed an acquisition involving Baker Hughes Holdings LLC and Bently Nevada, LLC for purchase price of $1,060 million (closed 2026-01-01).

Action: acquisition
Counterparty: Baker Hughes Holdings LLC and Bently Nevada, LLC
Consideration: purchase price of $1,060 million
Closing: 2026-01-01

Exact text from the filing

the “Sellers”). Pursuant to the Agreement, the Company acquired all of Seller’s interest in Panametrics, LLC, which constituted 100% of PSI, for a purchase price of $1,060 million after adjusting for expected tax benefits with a net present value of approximately $90 million, but before contractual adjustments for working capital, cash acquired, and

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Crane Co filing history →

Source: SEC EDGAR

accession 0001193125-26-002601

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