secwatch.observer — SEC 8-K summary
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Issuer:     Crane Co (CR)
CIK:        0001944013
Form:       8-K/A
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001944013-26-000114
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1944013/000194401326000114/0001944013-26-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1944013/000194401326000114/cr-20260101.htm
  HTML page:      https://secwatch.observer/filing/0001944013-26-000114

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer