Dover Corporation acquired Em-tec GmbH for $30.4 million, a transaction completed in April 2020, structured as all cash.
Em-tec GmbH operates in Pumps & Process Solutions, is based in Germany. Em-tec GmbH (Em-tec) is a designer and manufacturer of flow measurement devices serving a wide array of medical and biopharmaceutical applications. Acquired 100 percent of the voting stock for $30.4 million, net of cash acquired. Expands the Company's reach into biopharma and other hygienic applications.
Em-tec expands Dover's flow measurement for medical and biopharmaceutical applications.
Pumps & Process Solutions
Advisory firms were not disclosed for this transaction.