Dover has completed the acquisition of Acme Cryogenics, Inc. for $295m in cash and entered into a definitive agreement to acquire Engineered Controls International, LLC (RegO) for $631m in cash.
The RegO acquisition includes tax step-up benefits with a net present value of approximately $35m and both businesses will become part of the OPW Global operating unit within Dover’s Fuelling Solutions segment.
Allentown, Pennsylvania-based Acme and Elon, North Carolina-based RegO are well-established providers of highly-engineered components and services for the production, storage, and distribution of cryogenic gases.
... to continue reading you must be subscribed
