Dover Corporation acquired Solaris Laser S.A. for $18.7 million, a transaction completed in August 2020, structured as all cash.
Solaris Laser S.A. operates in Imaging & Identification, is based in Poland. Solaris Laser S.A. (Solaris) is a global manufacturer of product identification and traceability solutions. Acquired 100 percent of the voting stock for $18.7 million, net of cash acquired. Enhances the segment's growing laser technology product line.
Solaris enhances Dover's laser-based product identification and traceability technology.
Imaging & Identification
Advisory firms were not disclosed for this transaction.