Dover signed a definitive agreement to acquire Leistung Engineering of Ahmedabad, India, a maker of cryogenic valves for LNG and industrial gas, which will join OPW Fluid Transfer Solutions. Closing is expected in Q4; terms were not disclosed.
SWEP, part of Dover, will invest an additional $30M through 2026-2027 to expand manufacturing capacity across its five factories worldwide and its Tulsa, Oklahoma plant, more than doubling capacity for larger products.
Dover Corporation agreed to acquire Bremen-based SIKORA AG for €550 million in cash, to be integrated into its MAAG unit. SIKORA makes precision measurement and control systems for wire, cable, hose and plastics production, and had about €100 million revenue in 2024.
PSG, an operating company of Dover Corporation, has acquired Cryogenic Machinery Corp (Cryo-Mach), a US maker of cryogenic centrifugal pumps and mechanical seals.
Dover has acquired Marshall Excelsior Company for $395 million in cash. The Michigan-based flow control component maker will join Dover's OPW Global unit.
Dover has acquired Demaco Holland B.V., which makes cryogenic flow control components such as valves, couplings and loading arms. Demaco joins OPW's Clean Energy Solutions business within Dover's Clean Energy & Fueling segment. The announcement is dated July 18, 2024.
Acme Cryogenics, part of OPW Clean Energy Solutions and Dover, added 6-inch and 8-inch valves to its Model CV product line for hydrogen handling and vacuum-jacketed piping.
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.
PSG recently completed an $11 million expansion at its Grand Rapids plant, adding 56,000 square feet of manufacturing, office and R&D space.
Swiss firm Maag Pump Systems has acquired Witte Pumps & Technology, a Tornesch, Germany gear pump maker, forming a new integrated Gear Pumps business unit led by Witte's former owner Dr. Sven Wieczorek. The deal was announced on 21 December 2022.
Dover completed the acquisition of Witte Pumps & Technology GmbH, a Germany-based manufacturer of precision gear pumps, which will join its Maag business unit; the price was not disclosed.
PSG, a Dover company, has completed its acquisition of ipp Pump Products GmbH, a maker of rotary lobe pumps for hygienic applications in Bersenbrück, Germany. The exact completion date is not stated on the page.
Dover has completed its acquisition of Malema Engineering Corporation, which becomes part of its PSG business unit within the Pumps & Process Solutions segment.
Dover agreed to acquire Malema Engineering, a Boca Raton, Florida designer of high-precision flow-measurement instruments for biopharma and semiconductor production, announced May 9, 2022. Malema will join Dover's PSG business unit within the Pumps & Process Solutions segment.
Blackmer, part of Dover's PSG, started a construction and renovation project at its Grand Rapids, Michigan headquarters adding 56,000 square feet of manufacturing, R&D and training space. The project is due for completion in June 2023 and will create more than 50 jobs.
Pump manufacturer Blackmer is expanding in Grand Rapids, Michigan, with a $7.3 million investment supported by the Michigan Strategic Fund.
Dover Precision Components opened a new roughly 12,000 sq ft Innovation Lab in Houston, Texas, housing test rigs for fluid film bearings and reciprocating compressor components.
Dover has entered into a definitive agreement to acquire Em-tec GmbH, a Finning, Germany-based maker of ultrasound flow measurement devices for medical and biopharma applications. Terms were not disclosed and closing is expected in Q2 2020.
Cook Compression, part of Dover, continues to build its Authorised Service Partner program to provide local repair and reconditioning of reciprocating compressor valves and packing for oil and gas and petrochemical customers worldwide.
Cook Compression, part of Dover, was awarded a multi-year contract by ISAB S.r.l, a Lukoil unit, to recondition and upgrade valves and actuators for 27 compressors at its Syracuse refineries. Cook also opened a satellite service center in Sicily to support the contract.
Dover Corporation acquired the assets of All-Flo Pump Company, a maker of air-operated double-diaphragm specialty pumps, for $40.0 million in May 2019.
Dover Corporation sold the entire share capital of Finder Pompe S.r.l., a pump maker based in Merate, Italy, to Gruppo Aturia S.p.A. Equity Factory advised Dover. The transaction totals $24 million.
Dover Corporation completed its acquisition of Maag Group, a Zurich-based maker of gear pumps and filtration systems, for approximately $285 million, with Maag joining Dover's Pump Solutions Group.
Mark Andy Inc., a Dover Corporation company, has acquired Comco, a global supplier of narrow and mid-web flexographic printing presses for folding carton and flexible packaging markets.
Dover Corporation established the Pump Solutions Group combining Wilden, Blackmer, Almatec, Mouvex and Griswold, generating over $300 million in annualized revenue, with John D. Allen appointed president.
SWF Companies, a wholly-owned subsidiary of Dover Corporation, acquired Tisma Machinery Corporation of Elk Grove Village, Illinois, a maker of high-speed cartoning machinery.
JBT Corp. agreed to buy Tipper Tie, Inc. from Dover Corp. for $160 million before post-closing adjustments, with closing expected in the fourth quarter of 2016.