Crane NXT to Buy Italy's Antares Vision for About $522 Million

Dow Jones

2025/09/12

By Colin Kellaher

Crane NXT said it plans to buy Antares Vision in a deal that values the Italian maker of inspection and detection systems for product safety and quality control at about 445 million euros ($522 million).

Crane on Friday said it has agreed to buy roughly 30% of Antares Vision from current investors Regolo S.p.A. and Sargas S.r.L for about EUR120 million, or EUR5 a share, a 4.2% premium to Thursday's closing price of EUR4.80.

Waltham, Mass., industrial-technology company Crane said that upon completion of the purchase, it will launch a mandatory tender offer of EUR5 a share for the remaining publicly traded shares of Antares Vision.

Crane said the addition of Antares Vision, which generated about $235 million in revenue last year, will expand its portfolio to the life-sciences and food-and-beverage sectors.

Crane, which posted sales of nearly $735 million for the first half of 2025, said it expects to complete the overall Antares Vision transaction in the first half of 2026.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

September 12, 2025 07:02 ET (11:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2566975634","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566975634","pubTimestamp":1757674920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Crane NXT said it plans to buy Antares Vision in a deal that values the Italian maker of inspection and detection systems for product safety and quality control at about 445 million euros .Crane on Friday said it has agreed to buy roughly 30% of Antares Vision from current investors Regolo S.p.A. and Sargas S.r.L for about EUR120 million, or EUR5 a share, a 4.2% premium to Thursday's closing price of EUR4.80.Waltham, Mass., industrial-technology company Crane said that upon completion of the purchase, it will launch a mandatory tender offer of EUR5 a share for the remaining publicly traded shares of Antares Vision.Crane said the addition of Antares Vision, which generated about $235 million in revenue last year, will expand its portfolio to the life-sciences and food-and-beverage sectors.Crane, which posted sales of nearly $735 million for the first half of 2025, said it expects to complete the overall Antares Vision transaction in the first half of 2026.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4157":"电子设备和仪器","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1983299162.USD":"SCHRODER ISF GLOBAL ENERGY TRANSITION \"A\" (USD) ACC","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","LU0124384867.USD":"贝莱德新能源基金A2","LU2298322129.HKD":"BGF SUSTAINABLE ENERGY \"A2\" (HKDHDG) ACC","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0724618433.USD":"BGF NEW ENERGY \"A4\" (USD) INC","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU0757428866.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AE\" (USD) ACC","LU1978683503.SGD":"Blackrock Sustainable Energy A2 SGD-H","BK4596":"哈里斯概念","LU1815336091.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC","BK4588":"碎股","NXT":"Nextpower","BK4161":"工业机械","BK4096":"电气部件与设备","CXT":"Crane NXT"},"translate_title":"Crane NXT将以约5.22亿美元收购意大利Antares Vision","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CXT":1,"NXT":1},"content_text":"By Colin Kellaher \n\n\n \n\n\nCrane NXT said it plans to buy Antares Vision in a deal that values the Italian maker of inspection and detection systems for product safety and quality control at about 445 million euros ($522 million). \n\n\n  Crane on Friday said it has agreed to buy roughly 30% of Antares Vision from current investors Regolo S.p.A. and Sargas S.r.L for about EUR120 million, or EUR5 a share, a 4.2% premium to Thursday's closing price of EUR4.80. \n\n\n  Waltham, Mass., industrial-technology company Crane said that upon completion of the purchase, it will launch a mandatory tender offer of EUR5 a share for the remaining publicly traded shares of Antares Vision. \n\n\n  Crane said the addition of Antares Vision, which generated about $235 million in revenue last year, will expand its portfolio to the life-sciences and food-and-beverage sectors. \n\n\n  Crane, which posted sales of nearly $735 million for the first half of 2025, said it expects to complete the overall Antares Vision transaction in the first half of 2026. \n\n\n \n\n\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 12, 2025 07:02 ET (11:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}