Dover Corporation Streamlines Operations with Sale of De-Sta-Co Business to Stabilus SE

Dover Finalizes Sale of DESTACO Division

Dover Corporation (NYSE: DOV) has recently completed the sale of its De-Sta-Co business to Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L). This move is part of Dover’s strategic plan to streamline its operations and focus on its core business areas.

Dover is a global manufacturer and solutions provider with annual revenue exceeding $8 billion. The company offers a wide range of products and services including equipment, components, consumable supplies, aftermarket parts, software, digital solutions, and support services. With five operating segments – Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies – Dover serves a variety of markets worldwide.

For over 65 years, Dover has been recognized for its entrepreneurial approach and commitment to customer collaboration. With a team of over 25,000 employees who take an ownership mindset, Dover aims to redefine what’s possible in the markets it serves. The company is headquartered in Downers Grove, Illinois

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