DOV - Mergers and acquisitions

DOWNERS GROVE, Ill., Aug. 4, 2025 /PRNewswire/ -- Dover Corporation (NYSE:DOV) today announced that it has acquired Site IQ LLC ("SIQ"), which is now part of the Dover Fueling Solutions ("DFS") business unit within Dover's Clean Energy & Fueling segment. Headquartered in Lombard, Illinois, SIQ is an industrial internet of things company with a focus on remote monitoring of fueling sites. SIQ's hardware and software products expand Dover's ability to deliver a comprehensive solution that brings actionable intelligence and remote hardware service to retailers and service compani

DOWNERS GROVE, Ill., Jan. 13, 2025 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has acquired certain assets within Carter Day International, Inc.'s petrochemical division. The acquired assets now become part of the MAAG business unit within Dover's Pumps & Process Solutions segment, expanding MAAG's pelletizing-system portfolio of dewatering and drying equipment for the plastics industry with highly-engineered products and proprietary technologies, and also include complementary high-volume dryer technology to MAAG's existing portfolio. "Consistent with our custome

DOWNERS GROVE, Ill., Aug. 19, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired Criteria Labs, Inc. ("Criteria Labs"), a leader in radio frequency "RF" device and microelectronic engineering solutions tailored for high-reliability applications in the space, aerospace, defense, commercial semiconductor, automotive, and medical industries. Criteria Labs is now part of the Microwave Products Group (MPG) within Dover's Engineered Products segment. The company's primary location in Austin, Texas, includes a large clean room dedicated to space test engineer

DOWNERS GROVE, Ill., July 22, 2024 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has acquired Marshall Excelsior Company ("MEC") for $395M in cash. MEC will become part of the OPW Global ("OPW") operating unit within Dover's Clean Energy & Fueling segment ("DCEF"). Founded over 48 years ago and headquartered in Marshall, Michigan, MEC supplies highly-engineered flow control components for transportation, storage, and use of liquified petroleum gas and other industrial gases. MEC's comprehensive portfolio of fittings, adapters, valves, regulators, pigtails, gauges, a

DOWNERS GROVE, Ill., July 18, 2024 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has acquired Demaco Holland B.V. ("Demaco"). Demaco is now part of OPW's Clean Energy Solutions business ("OPW CES") within Dover's Clean Energy & Fueling segment. Demaco provides critical flow control components for cryogenic applications involving hydrogen and other industrial gases used in a wide range of end markets exposed to attractive growth trends, including clean energy, scientific research, and diversified industrial applications. Demaco manufactures a wide range of engineered

DOWNERS GROVE, Ill., Jan. 31, 2024 /PRNewswire/ -- Dover (NYSE:DOV) announced today that it has completed the acquisition of Bulloch Technologies, Inc. ("Bulloch"), a provider of point-of-sale ("POS"), forecourt controller, and electronic payment server solutions to the convenience retail industry for CAD150 million, subject to customary adjustments and with additional contingent consideration tied to future growth of the business. Bulloch will become part of the Dover Fueling Solutions ("DFS") operating unit within Dover's Clean Energy and Fueling segment. Headquartered in To

DOWNERS GROVE, Ill., Jan. 17, 2024 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has completed the acquisition of Transchem Group ("Transchem"), one of the largest suppliers of car wash chemistry and associated solutions in North America. Transchem is now part of OPW's Vehicle Wash Solutions business ("OPW VWS") within Dover's Clean Energy & Fueling segment. Headquartered in Cambridge, Ontario, and employing approximately 80 people, Transchem has served the car wash industry for over 45 years and is known for its high-performance cleaning and chemical solutions, inc

DOWNERS GROVE, Ill., Dec. 15, 2022 /PRNewswire/ -- Dover (NYSE:DOV) announced today that it has completed the acquisition of Witte Pumps & Technology GmbH ("Witte"), a manufacturer of precision gear pumps. Witte will become part of the Maag business unit within Dover's Pumps & Process Solutions segment. Founded in 1984, Witte is based in Tornesch, Germany, with offices in the United States and China. Witte is a well-recognized specialized manufacturer of gear pumps and associated spare parts and services for the chemical, plastic & polymer processing, food & beverage, and phar

DOWNERS GROVE, Ill., April 6, 2022 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has completed the acquisition of certain intellectual property from Boivin Evolution Inc. ("BEV") related to electrically-powered refuse collection vehicle ("RCV") bodies. The acquisition will enhance and solidify the technological leadership and product portfolio of Dover's Environmental Solutions Group ("ESG") business unit within Dover's Engineered Products segment. Founded in 2017 by inventor and waste-collection industry veteran Claude Boivin, BEV is a pioneer in the development of

DOWNERS GROVE, Ill., Oct. 15, 2021 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has completed the acquisition of LIQAL B.V. ("LIQAL"), a turnkey supplier of liquefied natural gas ("LNG") and hydrogen refueling equipment and solutions, and micro liquefaction solutions. LIQAL is now part of the Dover Fueling Solutions ("DFS") operating unit within Dover's Fueling Solutions segment. Founded in 2014 and based in the Netherlands, LIQAL provides customers with safe, efficient, and innovative alternative fuel solutions that are currently experiencing robust adoption, part

DOWNERS GROVE, Ill., Oct. 11, 2021 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has entered into a definitive agreement to sell its Unified Brands business ("Unified Brands"), which is part of Dover's Refrigeration & Food Equipment segment, to Electrolux Professional AB (STO: EPRO B) for approximately $244 million, on a cash free and debt free basis, subject to customary post-closing adjustments. Unified Brands designs, manufactures and markets professional cooking equipment for commercial food service operators and is expected to generate approximately $135 million in sales in 2021.

DOWNERS GROVE, Ill., Sept. 15, 2021 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has completed the acquisition of The Espy Corporation ("Espy"), which will become part of the Microwave Products Group (MPG) within Dover's Engineered Products segment. Espy designs and manufactures advanced electronic radio frequency sensor systems used to detect, record, analyze and geolocate signals. Located outside of Austin, TX, Espy offers complete signal intelligence systems with integrated software that is sold globally. Espy's proprietary machine learning and real-time geoloca

DOWNERS GROVE, Ill., July 26, 2021 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has completed the acquisition of CDS Visual, Inc. ("CDS Visual"), which will become an operating company within Dover's Engineered Products segment. Founded in 2005 and based in San Jose, California, CDS Visual is a leading provider of software as a service ("SaaS") 3D visualization solutions tailored for industrial applications and counts blue-chip industrial manufacturers and distributors among its customers. CDS Visual's software is built upon proprietary differentiated technology t

DOWNERS GROVE, Ill., April 19, 2021 /PRNewswire/ -- Dover (NYSE: DOV) announced today that it has completed the acquisition of AvaLAN Wireless Systems Incorporated ("AvaLAN"). AvaLAN is a leading provider of highly-secure wireless and wired Ethernet solutions, along with managed routers, software-as-a-service and cloud-based services that enable operators to securely connect various parts of the site infrastructure and fully utilize modern data-enabled operational, payment and customer engagement technologies. AvaLAN is now part of the Dover Fueling Solutions ("DFS") operating unit within Dover's Fueling Solutions segment. Located in Huntsville, Alabama, AvaLAN focuses on solving data conne

DOWNERS GROVE, Ill., April 19, 2021 /PRNewswire/ -- Dover (NYSE:DOV) announced today that it has completed the acquisition of AvaLAN Wireless Systems Incorporated ("AvaLAN"). AvaLAN is a leading provider of highly-secure wireless and wired Ethernet solutions, along with managed routers, software-as-a-service and cloud-based services that enable operators to securely connect various parts of the site infrastructure and fully utilize modern data-enabled operational, payment and customer engagement technologies. AvaLAN is now part of the Dover Fueling Solutions ("DFS") operating unit within Dover's Fueling Solutions segment.

DOWNERS GROVE, Ill., Jan. 6, 2021 /PRNewswire/ -- Dover (NYSE: DOV) announced today that it has completed the acquisition of Innovative Control Systems, Inc. ("ICS"), a leading provider of car wash controllers, payment terminals, point-of-sale and wash site management software solutions. ICS is now part of Dover's Fueling Solutions segment. Headquartered in Bethlehem, Pennsylvania, and employing more than 150 people, ICS has served the carwash industry for over 30 years. ICS is recognized in the marketplace for its strong engineering and reliability, high levels of customer service, and innovative solutions. The addition of ICS expands Dover's participation in the secularly-growing vehic