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Crane Energy Flow Solutions Acquires Krombach Group

Wednesday, December 17, 2008  
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Crane Energy Flow Solutions announced that it has purchased all of the capital stock of the Krombach Group. The company, which is based in Kreuztal, Germany, employs 640 people globally and 2008 sales are estimated to be approximately $91 million. The purchase includes manufacturing and foundry facilities in Slovenia and ownership of a joint venture in China.

The Krombach Group is a leading supplier of innovative, high-quality, highly-engineered valves and standard valves to the power, oil and gas, chemical, tank wagon, and water and environmental technology markets. The product range includes a large range of high-quality industrial valve product groups; specialties (triple-offset butterfly valves, metal-seated ball valves), customized (butterfly, swing check, soft-seated ball valves) and standard products (strainers, sight glasses, float, globe and gate, ball valves and throttle valves). More…

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