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Dover Corporation has completed the acquisition of XanTec, a developer of automation and control solutions for industrial machinery, particularly polymer processing. XanTec will become part of the Maag Group within Dover's Pumps & Process Solutions segment.
“The acquisition enhances Maag's automation solutions offering with an Internet of Things-enabled technology, and positions Maag to grow its presence in aftermarket, remote service and monitoring solutions for the polymer processing and related markets.”prnewswire.com
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