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Crane Company to Acquire Trillium Pumps US for $240 Million

Crane Company to Acquire Trillium Pumps US for $240 Million

Crane Company has reached a definitive agreement to acquire Trillium Pumps US, a specialized division of First Reserve-backed Trillium Flow Technologies, for approximately $240 million. The deal marks a strategic consolidation within the industrial flow control sector, targeting the municipal water and wastewater infrastructure markets.

Trillium Pumps US operates under established brands including Floway, Wemco, Roto-Jet, and WSP. The business focuses on mission-critical pumping solutions, maintaining a significant installed base that drives recurring demand for repair, retrofit, and replacement services. By integrating these assets, Crane Company expands its footprint in industrial manufacturing and municipal utility support.

Trillium Flow Technologies CEO Doug Kitani noted that the transition aims to place the TPU business under a parent better suited for its next growth phase. Management teams from both Trillium and First Reserve characterized the sale as a calculated step in their value creation strategy, intended to ensure service continuity for existing municipal clients. The transaction is slated to close later this year, pending customary regulatory approvals and closing conditions. J.P. Morgan Securities LLC acted as the financial advisor for the sellers, with Freshfields providing legal counsel.

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