Exponent Private Equity is acquiring Crane Building Services & Utilities, an Ipswich-based maker of flow control products, from US industrial group Crane Company, the business said on 28 October 2026. Terms were not disclosed.
Why Exponent Private Equity is buying Crane Building Services & Utilities (Crane BS&U, from Crane Company)
Exponent sees scope to build on the business's brands and engineering and plans to support product investment and international growth as Crane BS&U becomes a standalone company.
“We see a significant opportunity to build on these strengths”
Deal terms and financing
The price was not disclosed. Crane BS&U's brands include Viking Johnson, Crane Fluid Systems, Hattersley, NABIC, Helden and WASK.
Market context
Crane BS&U employs more than 460 people, serves about 3,000 customers and has offices in Ipswich and Dubai. Exponent described the deal as its tenth corporate carve-out in a decade.
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