Dover Corporation acquired Maag Pump Systems for $265.8 million, a transaction completed in January 2012, structured as all cash.
Maag Pump Systems operates in Pumps & Process Solutions, is based in Switzerland. Maag Pump Systems, a European acquisition for Dover's Fluid Solutions platform, was acquired in the first quarter of 2012 for approximately $265.8 million. Maag makes precision gear pumps and pelletizing systems for polymer processing.
Maag added precision polymer-processing pumps and pelletizing systems to Dover's fluids platform.
Pumps & Process Solutions
Advisory firms were not disclosed for this transaction.