Crane Co. Announces Divestiture of Engineered Materials Segment; Fluid Handling Segment Renamed to Process Flow Technologies; Introduces Updated Growth Forecast for Aerospace & Electronics with Details Forthcoming at May 26 Investor Conference

May 24, 2021

Today, Crane Co. (NYSE: CR) announced that it has signed an agreement to divest its Engineered Materials segment, and that its Fluid Handling segment has been renamed Process Flow Technologies. Additional details about these two announcements will be provided during Crane’s upcoming Aerospace & Electronics virtual investor conference scheduled for Wednesday, May 26.

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