Crane Company Acquires Vian Enterprises, Inc.
January 3, 2024
Crane Company has acquired Vian Enterprises, Inc. for approximately $103 million on a cash-free, debt-free basis. Vian, a designer and manufacturer of multi-stage lubrication pumps and lubrication system components for aerospace and defense, reported trailing 12-month sales of about $33 million and adjusted EBITDA of approximately $8 million; Crane said the acquisition expands its Aerospace & Electronics fluid solution capabilities and is expected to be immediately accretive to segment margins.
- Buyers
- Crane Company
- Targets
- Vian Enterprises, Inc.
- Sellers
- Chris Vian, Elizabeth Vian, Vian family
- Industry
- Aerospace & Defense
- Location
- California, United States
- Transaction Type
- Buyout
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