Dover Corporation acquired Quantex Arc Limited for $23.7 million, a transaction completed in June 2021, structured as all cash.
Quantex Arc Limited operates in Pumps & Process Solutions, is based in United Kingdom. Quantex Arc Limited (Quantex) is a provider of single-use, recyclable pumps. Acquired 100 percent of the voting stock for $23.7 million, net of cash acquired and including contingent consideration. Enhances the offering of single-use pumps for biopharma and other hygienic applications.
Quantex enhances Dover's single-use pump offering for biopharma and hygienic applications.
Pumps & Process Solutions
Advisory firms were not disclosed for this transaction.