Dover Completes Sale of Texas Hydraulics

DOVER COMPLETES SALE OF TEXAS HYDRAULICS

Downers Grove, IL, February 17, 2015 - Dover (NYSE: DOV) announced today that it has completed the sale of its Texas Hydraulics business unit ("THI"), headquartered in Temple, Texas, to Wynnchurch Capital. Terms of the transaction were not disclosed.

Robert A. Livingston, President & Chief Executive Officer of Dover said, "The sale of THI marks another step in focusing our business mix on our key end-markets. We will continue to look for opportunities to enhance our portfolio and build upon our strong market positions."

Lazard served as the exclusive financial advisor to Dover.

About Dover:
Dover is a diversified global manufacturer with annual revenues of $7 billion. We deliver innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for 60 years, our team of 26,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at www.dovercorporation.com.

Investor Contact:                                                              
Paul Goldberg                                                                     
Vice President - Investor Relations                                
(212) 922-1640
[email protected]                                                          

Media Contact:
Adrian Sakowicz
Vice President - Communications
(630) 743-5039
[email protected]

You May Also Be Interested In

• Dover Corp. (DOV) Tops Q1 EPS by 8c, Beats on Revenue; Offers FY24 Guidance
• RUM Reports Annual Financial Results with Increased Net Comprehensive Income for the Year Ended December 31, 2023
• ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Shoals Technologies Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SHLS