1. Crane NXT acquires 32% of Antares Vision for €117 million. 2. Acquisition expands Crane NXT into Life Sciences and Food & Beverage sectors. 3. Mandatory tender offer for remaining Antares Vision shares expected in 2026.
FAQ
Why Bullish?
The acquisition indicates strategic growth, similar to similar past strategic investments enhancing market position.
How important is it?
The acquisition has potential to positively reshape Crane NXT’s future market capabilities and revenue streams.
Why Long Term?
Significant future earnings contribution expected from acquired entity, similar to past acquisitions that accelerated growth trajectories.
Crane NXT Completes Initial Phase of Antares Vision Acquisition
WALTHAM, Mass. — December 16, 2025 (GLOBE NEWSWIRE) — Crane NXT, Co. (NYSE: CXT), a leading industrial technology company, has successfully finalized its acquisition of a significant stake in Antares Vision S.p.A. This marks a pivotal moment in Crane NXT’s strategic expansion within the Life Sciences and Food & Beverage sectors.
Acquisition Overview and Financial Details
Crane NXT has acquired approximately 32% of Antares Vision, equating to around €117 million, at a price of €5.00 per share. This purchase was made from Regolo S.p.A. and Sargas S.r.L. The transaction closed successfully after receiving all necessary regulatory approvals.
Statements from Leadership
Aaron W. Saak, President and Chief Executive Officer of Crane NXT, expressed enthusiasm about this acquisition, stating: “We are excited to complete our initial investment in Antares Vision, marking a significant step forward in advancing our strategy.” He emphasized that this move serves to enhance the company’s portfolio and align with its strategic goals for growth in key markets.
Next Steps in the Acquisition Process
Following this initial stake acquisition, Crane NXT plans to issue a mandatory tender offer (MTO) for the remaining publicly traded shares of Antares Vision at the same price of €5.00 per share. Upon completion of this offering, Crane NXT intends to purchase the remaining shareholdings owned by Regolo and will proceed to delist Antares Vision, complying with Italian takeover regulations. This phase is expected to be completed in 2026.
About Crane NXT
Crane NXT is recognized for delivering advanced technology solutions that secure, detect, and authenticate critical assets for its clients globally. With around 5,000 employees, the company focuses on mitigating risk for its customers through innovative technologies in various sectors.
About Antares Vision S.p.A.
Based in Italy, Antares Vision specializes in ensuring product safety and supply chain transparency. It utilizes cutting-edge technology for quality control and traceability, particularly in the Life Sciences and Food & Beverage sectors. Antares Vision operates globally, with a footprint in over 60 countries and partnerships with more than 40 international collaborators.
Forward-Looking Statements
This release contains forward-looking statements, which are based on the current expectations and beliefs of Crane NXT management. These statements are subject to various risks and uncertainties, and actual results may differ materially. Investors are cautioned not to rely on these forward-looking statements and should refer to Crane NXT's detailed financial filings for more information.