Crane NXT Acquires Smart Packaging Assets of TruTag Technologies, Further Expanding Capabilities in Product Security and Authentication Technologies
Crane NXT, Co. (CXT)
Company Research
Source: GlobeNewswire
WALTHAM, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that it has completed the acquisition of the Smart Packaging assets of TruTag Technologies. TruTag provides secure digitization of physical products through proprietary secure marking and smartphone authentication. “The addition of this technology to Crane NXT’s product portfolio is an exciting expansion of our capabilities and further enhances our ability to provide differentiated and innovative technology solutions to our customers,” Aaron W. Saak, Crane NXT's President and Chief Executive Officer, said. “TruTag’s Smart Packaging technology will also expand our capability for direct-to-product marking in both consumer and industrial applications which will further drive profitable growth.” “This transaction is an important step for TruTag’s evolution as the company focuses on its Smart Medicine and Drug Delivery bus
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CXT
News
- Crane NXT, Co. Reports Third Quarter 2024 ResultsGlobeNewswire
- Crane NXT, Co. (NYSE: CXT) was upgraded by analysts at Baird R W to a "strong-buy" rating.MarketBeat
- Crane NXT, Co. (NYSE: CXT) is now covered by analysts at Robert W. Baird. They set an "outperform" rating and a $77.00 price target on the stock.MarketBeat
- Crane NXT to Acquire De La Rue Authentication Solutions, a Global Leader in Security and Authentication Technologies GlobeNewswire
- Crane NXT, Co. Announces Appointment of Dr. Aleta Richards as President of Crane Currency GlobeNewswire
CXT
Earnings
- 11/6/24 - Beat
CXT
Sec Filings
- 11/12/24 - Form SC
- 10/31/24 - Form 10-Q
- 10/28/24 - Form 8-K
- CXT's page on the SEC website