Crane ChemPharma & Energy Announces the Acquisition of TECHNIFAB PRODUCTS
THE WOODLANDS, TEXAS November 1, 2024
Crane (NYSE: CR), a manufacturer of highly engineered industrial products, today announced the acquisition of Technifab Products, a premier supplier of cryogenic equipment based in Brazil, Indiana. This acquisition will strengthen Crane’s portfolio in the energy transition and cryogenic sectors, enhancing its capabilities to meet growing demands across diverse industries.
With over three decades of specialized experience in cryogenic fluid storage, transfer, and control, Technifab is renowned for its expertise in designing both standard and custom solutions. Technifab’s deep knowledge and innovation in cryogenic technology align seamlessly with Crane.
For additional details, photos, and videos from the acquisition announcement event, visit the Crane ChemPharma & Energy LinkedIn page. To learn more about Crane ChemPharma & Energy, please visit www.cranecpe.com.
About Crane ChemPharma & Energy
Crane ChemPharma & Energy (within Crane’s Process Flow Technologies segment) designs and manufactures a variety of high-performance products, including valves, pipes, actuation and fittings to name a few. Their trusted brands ALOYCO®, BAUM®, CENTER LINE®, COMPAC-NOZ®, CRANE®, CRANE CRYOFLO®, CRYOWORKS®, DEPA® & ELRO®, DOPAK®, DUO-CHEK®, FLOWSEAL®, GYROLOK®, GO REGULATOR®, HOKE®, JENKINS®, KROMBACH®, NOZ-CHEK®, PACIFIC VALVES®, RESISTOFLEX®, REVO®, SAUNDERS®, STOCKHAM®, TECHNIFAB®, TEXAS SAMPLING®, TRIANGLE®, UNI-CHEK®, VALVES®, WESTLOCK CONTROLS®, WTA®, and XOMOX® offer customers a complete and innovative portfolio, designed for the most demanding chemical processing, biotechnology, pharmaceutical, oil and gas, refining, power generation, and energy transition applications. For more information please visit: www.cranecpe.com
About Crane Company
Crane Company has delivered innovation and technology-led solutions to its customers since its founding in 1855. Today, Crane is a leading manufacturer of highly engineered components for challenging, mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. The Company is comprised of two strategic growth platforms, Aerospace & Electronics and Process Flow Technologies, as well as the Engineered Materials segment. Crane has approximately 7,000 employees in the Americas, Europe, the Middle East, Asia and Australia. For more information, visit www.craneco.com
Process Flow Technologies
Crane’s Process Flow Technologies segment is a global provider of highly engineered products and systems, serving chemical, petrochemical, pharmaceutical, water and wastewater, and general industrial markets. With proprietary technology and differentiated designs, we are Solving Customers’ Toughest Challenges in many of the harshest and most hazardous environments.