Crane Group

If giving feels good, we’re feeling great. What a joy to support the Barack Recreation Center’s annual holiday party! Team Crane helped serve meals and give gifts—among other fun—at this Columbus Recreation and Parks Department community center. Happy holidays, all!

170,000: That’s how many meals the Mid-Ohio Foodbank provides *every day* across central and eastern Ohio. This week, for our annual day of service, our team visited MOFC to learn and give. Matt Habash of MOFC, Amie Grubbs of United Way of Central Ohio, and Matthew Goldstein of Besa shared stories of community need—and how businesses and individuals are helping address it. Then Team Crane worked on the assembly line, packing 660 meal kits for seniors. Thank you, MOFC, United Way, and Besa for welcoming us, for teaching us, and for making a difference!

Congratulations to our portfolio companies Screen Machine Industries and Diamond Z, who are being acquired by Metso Corporation.

Metso is a Finland-based global leader in the aggregates, minerals processing, and metals refining industries focused on sustainability.

We consider this sale a moment of shared success and an opportunity to celebrate 11 years of great work together.

The SMI and DZ teams have achieved many wins during our partnership, including these:

• Technology advancements: We upgraded technologies to make production and inventory management more efficient and strategic. We implemented those same improvements at DZ when SMI acquired the company in 2019.
• Capacity expansion at DZ: We added a 22,000-square-foot building to the DZ production site, increasing its capacity by over 30%.
• Industry-best culture: We worked alongside both teams to build a workplace culture that draws great employees, even in a tough labor market. Our values-driven leaders, competitive compensation, and engaging culture of continuous improvement have allowed us to attract and retain top talent.
• Revenue and profit increases: We have significantly increased revenue and profits at both companies since 2020.

This acquisition will allow Screen Machine and Diamond Z to benefit from Metso’s global manufacturing and commercial presence. And it will allow Metso to broaden its product offerings and continue its North American growth.

We are proud to have been part of SMI and DZ’s stories.

Congratulations, team—and thank you.