Crane Company Acquires Druck, Panametrics, Reuter‑Stokes and optek‑Danulat
January 26, 2026
Crane Company completed multiple acquisitions effective January 1, 2026, including the Precision Sensors & Instrumentation (PSI) businesses Druck, Panametrics and Reuter‑Stokes acquired from Baker Hughes (a transaction announced at ~$1.15 billion) and optek‑Danulat (acquired from JD Group). The deals add advanced optical and process‑control sensing capabilities (optek‑Danulat reported ~$40 million of sales in 2025) to Crane’s Process Flow Technologies and Aerospace & Advanced Technologies platforms and are currently being integrated.
- Buyers
- Crane Company
- Targets
- Druck, Panametrics, Reuter‑Stokes, optek‑Danulat
- Sellers
- Baker Hughes, JD Group
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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