Crane to buy Trillium U.S. pump business for about $240 million
Crane agreed to purchase the U.S. pump business of Trillium Flow Technologies from First Reserve for about $240 million.
Crane has agreed to acquire Trillium Flow Technologies’ U.S. pump business from private-equity firm First Reserve for about $240 million. On Monday, Crane said the Trillium business provides pump technologies that primarily serve the U.S. municipal water and wastewater market.