Dover Mergers and Acquisitions Summary

MachineryCompany

Dover has acquired 55 companies, including 16 in the last 5 years. A total of 17 acquisitions came from private equity firms. It has also divested 27 assets.

Dover’s largest acquisition to date was in 2011, when it acquired NXP s Sound Solutions Business for $855M. It’s largest disclosed sale occurred in 1998, when it sold Dover - Elevator Business to thyssenkrupp AG for $1.1B. Dover has acquired in 22 different US states, and 10 countries. The Company’s most targeted sectors include manufacturing (32%) and machinery (22%).

Join Mergr and gain access to Dover’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the machinery sector.

M&A Summary

  • M&A Total Activity78
    • M&A Buy Activity51
    • M&A Sell Activity27
  • Total Sectors Invested 13
  • Total Countries Invested 10
  • M&A Buy/Sell Connections 44
  • M&A Advisors 5

Dover

Dover Corp.

3005 Highland Parkway,
Downers Grove, Illinois 60515
United States,
(630) 541-1540
www.dovercorporation.com

Dover is a diversified manufacturer of industrial products. Dover delivers innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover was formed in 1947 and is based in Downers Grove, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (3.2/yr) # 35 2 5 7 2 - 51
vol $4.8B $295M $5.1B
Sell (0.0/yr) # 27 - - - - - 27
vol $2.4B $2.4B
  78

Most Recent M&A

Company Date Value Type
Malema Engineering Corp. 2022-05-09 - Add-on Acquisition
Boca Raton, Florida · www.malema.com
Boivin Evolution - Intellectual Property 2022-04-06 - Divestiture
Levis, Quebec
ECI LLC 2021-12-16 - Add-on Acquisition
Elon, North Carolina · www.regoproducts.com
ACME Cryogenics, Inc. 2021-12-16 295M USD Add-on Acquisition
Allentown, Pennsylvania · www.acmecryo.com
LIQAL B.V. 2021-10-15 - Add-on Acquisition
Breda , Netherlands · www.liqal.com
The Espy Corp. 2021-09-15 - Add-on Acquisition
, United States · www.espy.com
CDS Visual, Inc. 2021-07-26 - Add-on Acquisition
San Jose, California · www.cdsvisual.com
Avalan Wireless Systems, Inc. 2021-04-19 - Add-on Acquisition
Madison, Alabama · www.avalannetworks.com
Innovative Control Systems, Inc. (ICS) 2021-01-06 - Add-on Acquisition
Bethlehem, Pennsylvania · www.icscarwashsystems.com
XanTec Steuerungs- und EDV-Technik GmbH 2020-09-01 - Add-on Acquisition
Kevelaer-Kervenheim, Germany · www.xantec.de
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Pump Solutions Group    - Finder Pompe S.p.a. 2019-04-02 1
Downers Grove, Illinois Merate, Italy · www.finderpumps.com
Hill Phoenix, Inc. 1993-01-01 Hill Phoenix, Inc. - Walk-Ins Business 2015-12-07 1
Conyers, Georgia · www.hillphoenix.com Conyer, Georgia
Maag Group 2012-03-13 Pouttu Oy 2013-03-06 2
Grossostheim
, Germany · www.maag.com Kannus, Finland · www.pouttu.fi
Neptune Chemical Pump Co., Inc. 2008-04-11 Waters Equipment 2011-02-01 1
Lansdale, Pennsylvania , United States · www.watersequipment.com
Anthony, Inc.    - Trausch Industries, Inc. 2010-03-03 3
Sylmar, California · www.anthonyintl.com Audubon, Iowa
Hill Phoenix, Inc. 1993-01-01 Tyler Refrigeration 2009-05-08 3
Conyers, Georgia · www.hillphoenix.com Niles, Michigan

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 11 (22%) 780M (15%) 11 (41%) 1.6B (64%)
Manufacturing 16 (31%) 2.1B (41%) 2 (7%) 93M (4%)
Technology Hardware 5 (10%) - 3 (11%) 185M (8%)
Electrical Equipment 3 (6%) - 3 (11%) -
Energy Services and Equipment 4 (8%) 1.1B (21%) - -
Automotive 2 (4%) 325M (6%) 2 (7%) -
Software 3 (6%) 39M (1%) - -
Aerospace 2 (4%) 68M (1%) 1 (4%) 500M (21%)
Semiconductors - - 3 (11%) 110M (5%)
Electronics 1 (2%) 750M (15%) 1 (4%) -
Chemicals 1 (2%) - - -
Communications 1 (2%) - - -
Internet Software and Services 1 (2%) - - -
Test/Measurement Equipment 1 (2%) - - -
Safety/Security - - 1 (4%) -
Total 51 $5.1B 27 $2.4B

By Geo

State/Country Buy Value Sell Value
United States 37 3.9B 22 2.2B
  Florida 5 - 2 185M
  California 4 602M 2 -
  Ohio 3 - 2 -
  Texas 3 1.6B 1 -
  Pennsylvania 3 295M - -
  Georgia 2 - 1 -
  Michigan 1 - 2 -
  Oregon 1 325M 1 -
  North Carolina 1 - 1 160M
  New York 1 - 1 1.1B
  Missouri 1 - 1 -
  Iowa 1 - 1 290M
  Illinois 1 750M 1 -
  Arizona 1 68M 1 500M
  Utah 1 - - -
  Tennessee 1 - - -
  New Jersey 1 - - -
  Minnesota 1 - - -
  Colorado 1 220M - -
  Alabama 1 - - -
  Wisconsin 1 13M - -
  South Carolina - - 1 -
  Kentucky - - 1 -
  Arkansas - - 1 -
Germany 4 321M 1 80M
France 2 39M 1 -
Canada 2 - - -
  Quebec 1 - - -
  Alberta 1 - - -
Switzerland - - 2 30M
Australia 1 - - -
Austria 1 855M - -
Denmark 1 - - -
Italy 1 - - -
Netherlands 1 - - -
Poland 1 - - -
United Kingdom - - 1 93M
Domestic 37 (73%) 3.9B (76%) 22 (81%) 2.2B (92%)
Cross-border 14 (27%) 1.2B (24%) 5 (19%) 203M (8%)
Total 51 $5.1B 27 $2.4B

Top M&A Advisors

Financial Deals
Lincoln International
7
Lazard Ltd.
3
Liger Capital Advisors, Inc.
1
Legal Deals
Debevoise & Plimpton LLP
1

Deal Values

buy # Total
$100M to $1B 10 $5.0B
< $100M 3 $120M
TOTAL $5.1B
Largest NXP's Sound Solutions Business
$855M (2011-07-05)
sell # Total
> $1B 1 $1.1B
$100M to $1B 4 $1.1B
< $100M 3 $203M
TOTAL $2.4B
Largest Dover - Elevator Business
$1.1B (1998-11-24)

M&A Connections

Deals
Acquired from
Investor(s)
25%
13 (25%)
Strategic(s)
6%
3 (6%)
Divested to
Investor(s)
30%
8 (30%)
Strategic(s)
67%
18 (67%)

 Subscribe to unlock this and 187,239
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.4K Private Equity Firms
  • 178K M&A Transactions
  • 183K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 68K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.