4/06/2006
Crane Co. has announced the acquisition of the assets of CashCode Co. Inc.
Crane Co.’s CashCode Acquisition Aids Push To Offer Single Solution STAMFORD, CT — (Concord, ON, Canada) for $86 million in cash. Crane Co. is the parent of National Vendors and GPL (both in St. Louis, MO), and of National Rejectors Inc. GmbH (Buxtehude, Germany) through its Crane Merchandising Systems business unit. CashCode is a privately held company that produces banknote validation, storage and “recycling” equipment for vending, amusements and music, and related markets around the world.Issue: Vol. 46, No. 2, February 2006