# Dover completes acquisition of XanTec

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.

- Type: Acquisition
- Announced: 2020-09-01
- Where: Germany
- Status: completed
- Products: automation and control solutions for polymer processing machines
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Dover Corp.](https://endata.com/companies/1031.md) (acquirer)
- [Maag Group](https://endata.com/companies/1401.md) (partner)
- [XanTec Steuerungs- und EDV-Technik GmbH](https://endata.com/companies/49662.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/dover-announces-acquisition-of-xantec-301122390.html), 2020-09-01: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
