Crane NXT Seeks Acquisitions

Published: 2026-05-07 14:35:25 ET CXT

Published on 05/07/2026 at 02:35 pm EDT

Crane NXT, Co. (NYSE:CXT) is looking for acquisitions. During the Crane NXT First Quarter 2026 Earnings Call, Aaron Saak, President and Chief Executive Officer, said, "Second, we plan to continue strengthening our core businesses through targeted organic investments alongside a disciplined approach to M&A, with acquisitions that build on our leadership positions in authentication and traceability technologies." "Taken together, these initiatives are expected to grow the company to approximately $2,500 million in sales in 2028, while maintaining net leverage below 3x".