Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

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Crane Co > How Much Capital Can Crew Raise from Asset Sales?

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Post by BeatTheOddsSquaon Feb 21, 2021 6:49pm

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How Much Capital Can Crew Raise from Asset Sales?

After giving the Winter Wonderland presentation another listen, I focused in on the asset divestiture part.

Dale made it clear that Septimus and Goundbirch are going to be Crew's core areas and that they can reap $6 for every $1 invested in PDP reserves.

So Dale says that Lloyd is and has been for sale for the past 3 years and that Attachie and Tower are also non-core.

TGC I believe you mentioned that Arc is the logical buyer for Attachie.

I am interested to know if anyone has done a calculation on how much capital the sale of these three assets would raise.

Stockfy please chime in if you have any price estimates for these assets.

Thanks in advance for any feedback.

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