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Monday, May 1, 2017

Crane Co. Acquires Westlock Controls from Emerson

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STAMFORD, Conn.–(BUSINESS WIRE)–Crane Co. (NYSE:CR), a diversified manufacturer of highly engineered industrial products, announced today that it has acquired Westlock Controls (“Westlock”) from Emerson Electric Co. (NYSE:EMR) for cash consideration of $40 million. 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 Jer

May 01, 2017 at 04:34PM

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