Dover Corporation acquired Ettlinger Group for $53.2 million, a transaction completed in January 2018, structured as Purchase of 100% of voting stock, net of cash acquired.
Ettlinger Group operates in Pumps & Process Solutions. Manufacturer of plastics recycling and filtration equipment.
Broadened Dover's polymer processing and plastics recycling offering within the Pumps & Process Solutions segment.
On January 2, 2018, the Company acquired 100% of the voting stock of Ettlinger Group ("Ettlinger"), within the Pumps & Process Solutions segment for $53,218, net of cash acquired.Dover Corporation Form 10-K for fiscal year 2019 (Note - Acquisitions)
Advisory firms were not disclosed for this transaction.