Dover Corporation acquired Transchem Group for $48.2 million, a transaction completed in January 2024, structured as all cash.
Transchem Group operates in Clean Energy & Fueling, is based in Canada. The Transchem Group is a supplier of car wash chemicals and associated solutions. Acquired 100 percent of the equity interests for $48.2 million, net of cash acquired and inclusive of contingent consideration.
Transchem expands Dover's car wash chemicals and consumables offering within Clean Energy & Fueling.
Clean Energy & Fueling
Advisory firms were not disclosed for this transaction.