Crane's acquired PSI business: $382M revenue, $28M net income in 2024

Crane Co

Precision Sensors & Instrumentation (Druck, Panametrics, Reuter-Stokes) revenue $382M in 2024, net income $28M.
For nine months ended Sep 30, 2025: revenue $275M, net income $15M.
Total assets $634M at Sep 30, 2025, including $358M goodwill.
Purchase price approximately $1.2B cash; acquisition closed Jan 1, 2026.
Financials presented as carve-out from Baker Hughes with cost allocations.

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