Crawford United

What Crawford United does

Crawford United LLC is a Cleveland, Ohio-based holding company founded in 1920 that provides specialty industrial products across healthcare, aerospace, education, transportation, and petrochemical end markets. The company operates through approximately 10 wholly-owned subsidiary entities, each retaining its own brand identity: Advanced Industrial Coatings, CAD Enterprises, Federal Hose, Global-Tek, Heany Industries, Knitting Machinery Co. of America, Komtek Forge, Marine Products International, Reverso, and Separ Filter. Product categories span industrial hose, forging, marine equipment, pumping solutions, filtration, industrial coatings, knitting machinery, and computer-aided design services, with the company also historically operating a Commercial Air-Handling Equipment segment (Air Enterprises and Rahn Industries).

The business model is straightforward B2B hardware sales: revenue is generated through direct sale of specialty industrial components and equipment to enterprise and industrial customers across diversified verticals, with no disclosed subscription, licensing, or platform-based revenue streams. Distribution is executed through each subsidiary's own sales relationships rather than a unified channel. Pricing is not publicly disclosed. The company pursued an active M&A roll-up strategy, acquiring Rahn Industries (~$13 million, January 2025) and Advanced Industrial Coatings (August 2024) to expand subsidiary scale and revenue, reporting 28.4% revenue growth in Q3 2025 and 21.7% YTD.

In December 2025, SPX Technologies announced an agreement to acquire Crawford United for approximately $300 million, which closed on February 6, 2026, with shareholders receiving approximately $83.86 per share in cash. The transaction added Crawford United's Commercial Air-Handling Equipment segment to SPX's HVAC portfolio, ended Crawford United's OTC Pink trading under ticker CRAWA, and resulted in the non-core Industrial & Transportation Products segment being reported as discontinued operations with buyers being sought.

Name

Crawford United

Legal name

Crawford United LLC

Website

https://crawfordunited.com

Company type

Public

Founded year

1920

Operating status

Acquired

Headcount range

1–10 employees

Short description

Crawford United LLC is a Cleveland-based holding company founded in 1920 that operates multiple specialty industrial product subsidiaries serving healthcare, aerospace, education, transportation, and petrochemical markets via hardware sales of hoses, pumps, filtration, coatings, and forging products.

Ownership category

akta.pro rank

Product category

Specialty Industrial Products Manufacturing

NAICS

Management of Companies and Enterprises (551), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

HVAC, Water Heaters & Indoor Air Quality Distribution (CRAOAFAJ)

Keywords

• Specialty industrial products
• Industrial hose manufacturing
• Filtration and pumping equipment
• Industrial coatings services
• Forged metal components

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Industrial Products Sales: Crawford United operates as a holding company providing specialty industrial products through multiple operating entities. Revenue is generated through the sale of industrial products including coatings, hose products, forging, pumping equipment, and filtration systems across diverse end markets.

Core offering

Crawford United LLC is a growth-oriented holding company founded in 1920 that provides specialty industrial products to diverse markets including healthcare, aerospace, education, transportation, and petrochemical. The company operates through multiple wholly-owned subsidiary entities including Advanced Industrial Coatings (coatings), CAD Enterprises, Federal Hose (hose products), Global-Tek, Heany Industries, Knitting Machinery Co. of America, Komtek Forge (forging), Marine Products International (marine hose), Reverso (pumping solutions), and Separ Filter (filtration), as well as a Commercial Air-Handling Equipment segment (Air Enterprises and Rahn Industries).

Product overview

Crawford United is a holding company that does not offer a single unified product but rather operates through multiple subsidiary entities. The company provides specialty industrial products and services across diverse markets including healthcare, aerospace, education, transportation, and petrochemical. Its operating entities include Advanced Industrial Coatings, CAD Enterprises, Federal Hose, Global-Tek, Heany Industries, Knitting Machinery Co. of America, Komtek Forge, Marine Products International, Reverso, and Separ Filter. The company also included a Commercial Air-Handling Equipment segment (Air Enterprises and Rahn Industries), which was acquired by SPX Technologies in early 2026 for approximately $300 million.

Differentiator

Problem solved

Functional benefit

Products and services

• Advanced Industrial Coatings Provides industrial coating services and products for industrial customers.
• CAD Enterprises Provides specialty industrial products and services through the CAD Enterprises operating entity.
• Federal Hose Manufactures hose products for industrial applications including transportation, petrochemical, and marine sectors.
• Global-Tek Provides industrial products and services through the Global-Tek operating entity.
• Heany Industries Provides industrial products and manufacturing services through the Heany Industries operating entity.
• Knitting Machinery Co. of America Provides knitting machinery and related industrial products for textile and industrial customers.
• Komtek Forge Provides forging products and services for industrial applications requiring forged metal components.
• Marine Products International Provides marine hose products and related industrial equipment for marine and transportation applications.
• Reverso Provides pumping solutions and related industrial products for industrial customers.
• Separ Filter Provides filtration products and separation solutions for petrochemical, energy, and industrial applications.
• Rahn Industries Air handling equipment business serving commercial and aerospace applications, acquired by Crawford United for approximately $13 million.
• Commercial Air-Handling Equipment Segment Segment comprising Air Enterprises and Rahn Industries, focused on commercial air-handling equipment for aerospace and related applications; reported $81.6 million in sales in the trailing twelve months prior to acquisition.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Illinois Tool Works (ITW): ITW is a diversified industrial manufacturer with a decentralized operating model similar to Crawford's. While far larger, ITW's portfolio of specialty industrial product businesses shares the same end-market diversification logic.
• Parker Hannifin: Parker Hannifin is a broad industrial manufacturer with significant exposure to hose products, filtration, and aerospace components. The product overlap with Federal Hose, Separ Filter, and Crawford's aerospace segment makes it a relevant broader incumbent peer.
• Roper Technologies: Roper operates a diversified portfolio of specialty industrial and application software businesses. Its holding-company model of acquired specialty industrial product franchises parallels Crawford's structure, though at much larger scale.

Direct peers

• Watts Water Technologies: Watts manufactures and distributes water-related industrial products including pumps, filtration, and flow control. The product overlap with Crawford's Reverso (pumps) and Separ Filter (filtration) subsidiaries makes it a comparable specialty industrial products platform.
• Flowserve Corporation: Flowserve is a leading manufacturer of pumps, valves, seals, and related industrial flow control products. The overlap with Crawford's Reverso pump business and the petrochemical end-market exposure makes it a relevant industrial fluid-handling peer.
• SPX Technologies: SPX Technologies acquired Crawford United in February 2026 for ~$300M and now owns the Commercial Air-Handling Equipment business. SPX's broader HVAC and detection portfolio makes it the most directly comparable operator of the air-handling assets that drove Crawford's valuation.
• Graco Inc. Graco designs and manufactures fluid handling equipment, including pumps and industrial hose products. Direct product overlap with Federal Hose and Reverso makes Graco a clear comparable in the specialty industrial fluid-handling space.
• IDEX Corporation: IDEX is a diversified industrial manufacturer with strong positions in fluid handling, pumps, and specialty products. Its decentralized operating-company model mirrors Crawford's holding-company structure and end-market exposure to industrial fluid systems.
• Donaldson Company: Donaldson manufactures filtration systems for industrial and engine applications. The company is directly comparable to Crawford's Separ Filter subsidiary in the industrial filtration category and shares similar aerospace, industrial, and petrochemical end markets.

Emerging players

• Mueller Industries: Mueller Industries manufactures copper, brass, and plastic products serving industrial markets. While smaller and more focused on metals, its specialty industrial product business model and forged/machined component exposure overlaps with Komtek Forge and broader Crawford operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/crawford-united-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crawford United