UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
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SECTION 2 – FINANCIAL INFORMATION
| Item 2.01 | Completion of Acquisition or Disposition of Assets. |
On January 1, 2026, Crane Company (the “Company”) completed its previously announced acquisition of Precision Sensors & Instrumentation (“PSI”) pursuant to a Purchase Agreement dated June 6, 2025 (the “Agreement”) with Baker Hughes Holdings LLC and Bently Nevada, LLC (collectively, the “Sellers”). Pursuant to the Agreement, the Company acquired all of Seller’s interest in Panametrics, LLC, which constituted 100% of PSI, for a purchase price of $1,060 million after adjusting for expected tax benefits with a net present value of approximately $90 million, but before contractual adjustments for working capital, cash acquired, and certain other transaction-related costs.
SECTION 8 – OTHER EVENTS
| Item 8.01 | Other Events. |
On January 5, 2026, the Company issued a press release announcing the completion of the acquisition of PSI from Baker Hughes. A copy of the Company’s press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
| Item 9.01 | Financial Statements and Exhibits. |
(a) The required financial statements will be filed by amendment as soon as practicable, but not later than 71 calendar days after the date this Report is required to be filed.
(b) The required pro forma financial statements will be filed by amendment as soon as practicable, but not later than 71 calendar days after the date this Report is required to be filed.
(c) None
(d) Exhibits
| 99.1 | Press Release issued by Crane Company on January 5, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CRANE COMPANY | ||||||
| January 5, 2026 | By: | /s/ Anthony M. D’Iorio | ||||
| Anthony M. D’Iorio | ||||||
| Executive Vice President, General Counsel and Secretary | ||||||