Stabilus SE agrees to acquire DESTACO from Dover Corporation for $680 million

Stabilus SE has signed an agreement to acquire DESTACO, a supplier of industrial automation components, from Dover Corporation for US$680 million, with closing expected in the first half of 2024.

“Stabilus agrees to acquire DESTACO for a purchase price of US$680 million and will significantly strengthen its industrial business.”ir.stabilus.com

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• ir.stabilus.comStabilus SE signs agreement to acquire DESTACO to significantly expand industrial automation business – Stabilus SEOct 12, 2023

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