John Crane Acquires Industrial Division of Advanced Diamond Technologies
April 18, 2019
John Crane acquired the Industrial Division of Advanced Diamond Technologies (ADT), based in Romeoville, Illinois, bringing ADT's ultrananocrystalline diamond (UNCD) thin-film technology into John Crane's product portfolio. The acquisition is intended to enhance John Crane's mechanical-seal performance in harsh applications by integrating ADT's proprietary diamond-facing processes and materials.
- Buyers
- John Crane
- Targets
- Advanced Diamond Technologies (Industrial Division)
- Sellers
- Advanced Diamond Technologies
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Divestiture
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