Dover Corporation acquired Belanger, Inc. for $175.4 million, a transaction completed in January 2019, structured as asset purchase.
Belanger, Inc. operates in Clean Energy & Fueling. Belanger, Inc. (Belanger) is a full-line car wash equipment manufacturer. Acquired the assets for $175.4 million, net of cash acquired. Strengthens Dover's position in the vehicle wash business.
Belanger strengthens Dover's position in the vehicle wash equipment business.
Clean Energy & Fueling
Advisory firms were not disclosed for this transaction.