Dover Completes Sale of DESTACO Business Unit

DOWNERS GROVE, Ill., April 1, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that it has completed the previously reported sale of its De-Sta-Co business, which was part of Dover's Engineered Products segment, to Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L).

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 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 dovercorporation.com.

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SOURCE Dover