Crane buys German valve maker WT Armatur
7/12/2011 12:00:00 AM
Engineered products provider Crane Co. has acquired German valve manufacturer W.T. Armatur Gmbh & Co. KG.
Founded in 1978 and located in Maxdorf, Germany, WTA specializes in the production of bellows sealed globe valves and specialty change-over valves, officials said.
This acquisition expands the product portfolio of highly engineered valves for the global chemical industry, said Tom Pozda, president of Cranes ChemPharma Flow Solutions business.
The addition of WTAs bellows sealed globe valve complements our existing product offering of low fugitive emission valve technology and aligns directly with our objectives of providing solutions for demanding chemical and petrochemical applications.
Financial terms were not disclosed.
Comments