Crane Company has entered into a definitive agreement to acquire the US pump business of Trillium Flow Technologies for approximately $240 million. The transaction will expand Crane’s portfolio of engineered pump technologies and strengthen its position in municipal water and wastewater applications.
The business includes the Floway, Wemco, Roto-Jet and WSP pump brands. These products are primarily used in municipal water and wastewater applications and are supported by a large installed equipment base. The installed base is expected to provide recurring demand for service, repairs, retrofits and replacement equipment throughout the lifecycle of the products.
The acquired business is expected to generate approximately $115 million in full-year revenue. Crane said the purchase price of approximately $240 million represents about 14.6 times estimated 2026 adjusted EBITDA. Alex Alcala, President and Chief Executive Officer of Crane Company, said, “These brands are an excellent strategic fit that enhances the quality, durability, and growth profile of our Process Flow Technologies segment.”
The acquisition will add established pump technologies to Crane’s Process Flow Technologies segment, which includes valves and other industrial fluid-control products. Crane expects the transaction to increase the scale of its engineered pump business while adding an installed customer base that can generate aftermarket demand.
The company also sees opportunities to combine the acquired brands and technologies with its existing operating system and commercial capabilities. This is expected to support the development of additional products and solutions for customers across the water and wastewater markets.
The Floway, Wemco, Roto-Jet and WSP brands have established positions in pump applications and serve customers requiring equipment for water management and other fluid-handling requirements. Their installed base provides opportunities for long-term service and replacement activities in addition to the sale of new equipment.
The acquisition forms part of Crane’s strategy to expand its Process Flow Technologies business through products and technologies that address essential fluid-control and pumping applications. The transaction is expected to close during the fourth quarter of 2026, subject to customary closing conditions, including applicable regulatory approvals.
Crane Company is a diversified industrial technology company with businesses serving a range of markets through engineered products and solutions. Its Process Flow Technologies segment provides products and technologies for industrial fluid management, including valves and pumping systems.