Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L) has acquired Dover Corporation’s (NYSE: DOV) De-Sta-Co business. The sale was announced on April 1, 2024 and was part of Dover’s Engineered Products segment.
Dover is a diversified global manufacturer and solutions provider with annual revenue exceeding $8 billion. The company offers innovative equipment, components, consumable supplies, aftermarket parts, software, digital solutions, and support services through five operating segments. These segments are Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies.
Dover’s operational agility and global scale position it as a leader in the markets it serves. With over 25,000 employees, the company has maintained an entrepreneurial approach for over 65 years. Dover’s team takes an ownership mindset and collaborates with customers to redefine possibilities. The company is headquartered in Downers Grove, Illinois, and trades on the New York Stock Exchange under the ticker symbol “DOV.” More information is available at dovercorporation.com.
