Dover Corporation acquired Arc Pacific group for $8.8 million, a transaction completed in August 2023, structured as all cash.
Arc Pacific group operates in Imaging & Identification. The Arc Pacific group is a global supplier of can washers, dry-off, pin and internal bake ovens for the metal packaging industry. Acquired 100 percent of the equity interest for $8.8 million, net of cash acquired and inclusive of contingent consideration.
Arc Pacific extends Dover's reach into can processing equipment for metal packaging.
Imaging & Identification
Advisory firms were not disclosed for this transaction.