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Dover To Acquire SIKORA For €550 Million In Cash

Benzinga·05/05/2025 20:52:59
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Dover Corporation (NYSE: DOV) today announced that it has entered into a definitive agreement to acquire SIKORA AG ("SIKORA" or the "Company") for €550 million in cash, subject to customary adjustments. The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions, including receipt of regulatory approvals. Following the closing of the transaction, SIKORA will become part of Dover's MAAG operating unit within Dover's Pumps & Process Solutions segment.