Crane completed the acquisition of Cummins Allison for $160m.

Crane, a payment solutions provider, completed the acquisition of Cummins Allison, a provider of check, currency, and coin handling solutions, for $160m. “We are extremely excited about the new opportunities created by the acquisition of Cummins Allison. The natural fit of our portfolios enables us to move forward in a way that will help our customers better achieve their goals," Jan-Hinrik Bauwe, Crane President.