Robbins & Myers, Inc. Sells Its Lined Pipe & Fitting Business to Crane Co.

Robbins & Myers, Inc. Sells Its Lined Pipe & Fitting Business to Crane Co.

DAYTON, Ohio, Aug. 31 /PRNewswire-FirstCall/ -- Robbins & Myers, Inc., (NYSE:RBN) announced today that it has sold its Lined Pipe and Fitting business, part of its Edlon, Inc. subsidiary, to Crane Co. Terms and price were not disclosed.

Commenting on the divestiture of this product line, Peter C. Wallace, President and Chief Executive Officer of Robbins & Myers, Inc., stated, "The sale of the Lined Pipe and Fitting business is in line with our strategy of reducing complexity and allows us to focus our resources in the areas of our business with the best growth prospects. Edlon's Specialty Products business will be retained as it is complementary to other Robbins & Myers' business units serving the process industries."

Robbins & Myers, Inc. (www.robbinsmyers.com) is a leading global supplier of highly-engineered, critical equipment and systems for the pharmaceutical, energy, and industrial markets. Headquartered in Dayton, Ohio the Company maintains manufacturing facilities in 15 countries.

Source: Robbins & Myers, Inc.

CONTACT: Michael J. McAdams for Robbins & Myers, Inc., +1-937-225-3324

Web site: http://www.robbinsmyers.com/

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