{"id":11667,"date":"2015-01-24T10:28:11","date_gmt":"2015-01-24T15:28:11","guid":{"rendered":"http:\/\/craneprod.knowledge4you.ca\/unkategorisiert\/crane-co-acquires-westlock-controls-from-emerson-2"},"modified":"2020-01-17T10:28:53","modified_gmt":"2020-01-17T15:28:53","slug":"crane-co-acquires-westlock-controls-from-emerson-2","status":"publish","type":"post","link":"https:\/\/cranecpe.com\/de\/pressezentrum\/crane-co-acquires-westlock-controls-from-emerson-2\/","title":{"rendered":"Crane Co. Acquires Westlock Controls from Emerson"},"content":{"rendered":"<h4><strong>Transaction strengthens Crane\u2019s instrumentation portfolio<\/strong><\/h4>\n<hr \/>\n<p><strong>STAMFORD, CONNECTICUT \u2013 May 1, 2017 &#8211; Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced today that it has acquired Westlock Controls (\u201cWestlock\u201d) from Emerson Electric Co. (NYSE: EMR) for cash consideration of $40 million.<\/strong><\/p>\n<div align=\"left\">\n<p>Westlock is a global leader in the manufacturing and sale of switchboxes, position transmitters and other solutions for networking, monitoring and controlling process valves. With primary operations located in Saddle Brook, New Jersey, Westlock had 2016 sales of approximately $32 million.<\/p>\n<p>Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers in the hydrocarbon processing, petrochemical, chemical, power generation, unattended payment, automated merchandising, aerospace, electronics, transportation and other markets. The Company has four business segments: Fluid Handling, Payment &amp; Merchandising Technologies, Aerospace &amp; Electronics and Engineered Materials. Crane has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). For more information, visit\u00a0<a href=\"http:\/\/www.craneco.com\/\">www.craneco.com.<\/a><\/p>\n<hr \/>\n<p><span style=\"font-size: small;\">This press release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management\u2019s expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in the Company\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2016 and subsequent reports filed with the Securities and Exchange Commission.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Transaction strengthens Crane\u2019s instrumentation portfolio STAMFORD, CONNECTICUT \u2013 May 1, 2017 &#8211; Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced today that it has acquired Westlock Controls (\u201cWestlock\u201d) from Emerson Electric Co. (NYSE: EMR) for cash consideration of $40 million. Westlock is a global leader in the manufacturing and sale [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[307],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crane Co. Acquires Westlock Controls from Emerson - CRANE ChemPharma &amp; Energy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranecpe.com\/de\/pressezentrum\/crane-co-acquires-westlock-controls-from-emerson-2\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crane Co. Acquires Westlock Controls from Emerson\" \/>\n<meta property=\"og:description\" content=\"Transaction strengthens Crane\u2019s instrumentation portfolio STAMFORD, CONNECTICUT \u2013 May 1, 2017 &#8211; Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced today that it has acquired Westlock Controls (\u201cWestlock\u201d) from Emerson Electric Co. (NYSE: EMR) for cash consideration of $40 million. Westlock is a global leader in the manufacturing and sale [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cranecpe.com\/de\/pressezentrum\/crane-co-acquires-westlock-controls-from-emerson-2\/\" \/>\n<meta property=\"og:site_name\" content=\"CRANE ChemPharma &amp; Energy\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-24T15:28:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-17T15:28:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cranecpe.com\/wp-content\/uploads\/Logo-Yoast2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1058\" \/>\n\t<meta property=\"og:image:height\" content=\"567\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Graeme Dunn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Verfasst von\" \/>\n\t<meta name=\"twitter:data1\" content=\"Graeme Dunn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Gesch\u00e4tzte Lesezeit\" \/>\n\t<meta name=\"twitter:data2\" content=\"1\u00a0Minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cranecpe.com\/de\/pressezentrum\/crane-co-acquires-westlock-controls-from-emerson-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cranecpe.com\/de\/pressezentrum\/crane-co-acquires-westlock-controls-from-emerson-2\/\"},\"author\":{\"name\":\"Graeme Dunn\",\"@id\":\"https:\/\/cranecpe.com\/de\/#\/schema\/person\/8fb7379fa953649983f1af21e3ac0129\"},\"headline\":\"Crane Co. 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