Complex sentence: In 2013, it was later sold off to Crane Co., which also manufactures vending machines creating a new division inside the company merging former CPS (Crane Payment Systems) and MEI into CPI (Crane Payment Innovations).
Split into simpler sentences: In 2013, it was sold to Crane Co., which also manufactures vending machines. A new division was created inside the company by merging former CPS (Crane Payment Systems) and MEI into CPI (Crane Payment Innovations).