# Dover to acquire FW Murphy for $530M in cash

Dover agreed to acquire FW Murphy Production Controls from Genisys Controls for $530 million in cash, to join its Dover Precision Components unit. The deal is expected to close in Q4 2023 subject to regulatory approvals.

- Type: Acquisition
- Announced: 2023-10-04
- Where: Rosenberg, Texas, United States
- Value: $530.0M
- Status: announced
- Products: reciprocating compressor control and monitoring systems, predictive maintenance solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dover Corp.](https://endata.com/companies/1031.md) (acquirer)
- [FW Murphy Production Controls](https://endata.com/companies/11072.md) (target)
- [Genisys Controls](https://endata.com/companies/11073.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/dover-to-acquire-fw-murphy-a-leading-supplier-of-control-and-optimization-solutions-for-the-reciprocating-compression-industry-301947587.html), 2023-10-04: "Dover (NYSE: DOV) announced today that it has entered into a definitive agreement to acquire the business of FW Murphy Production Controls, LLC for $530 million in cash."
- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/22875554/dover-to-acquire-fw-murphy-for-530m), 2023-10-09: "Dover announced that it has entered into a definitive agreement to acquire the business of FW Murphy Production Controls LLC, a subsidiary of privately owned Genisys Controls LLC, for $530 million in cash."

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