Crane Co. acquire Laminated Profiles

16 February 2001

Crane Co. announced that it has acquired the assets of Laminated Profiles Ltd. (Lampro), a privately held company based in Alton, UK. Terms were not disclosed. Lampro is a leading U.K.-based manufacturer of fiberglass-reinforced panels sold into the European transportation and recreational vehicle markets. Eric C. Fast, Crane Co.'s President and Chief Operating Officer, commented: "This acquisition, while modest in size, will provide our Kemlite subsidiary with a quality manufacturing facility, an established distribution system and an enhanced market position in Europe. In addition, Kemlite's strong position in the North American markets will accelerate the introduction of Lampro's unique product capabilities to Kemlite's customers." Crane Co. is a diversified manufacturer of engineered industrial products.

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