Dover Corporation acquired Cryogenic Machinery Corp. (Cryo-Mach) for $28.9 million, a transaction completed in January 2025, structured as all cash.
Cryogenic Machinery Corp. (Cryo-Mach) operates in Pumps & Process Solutions. Cryogenic Machinery Corp. (Cryo-Mach) is a provider of cryogenic centrifugal pumps, mechanical seals and accessories. Total consideration of $28.9 million, net of cash acquired.
Cryo-Mach extends Dover's cryogenic pump and components offering within Pumps & Process Solutions.
Pumps & Process Solutions
Advisory firms were not disclosed for this transaction.