Mergers & AcquisitionsBy The Online Investor Staff, updated Sun., Sep. 20, 10:50 PM
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Slide #73. Dover — XanTec Steuerungs- und EDV-Technik GmbH
XanTec Steuerungs- und EDV-Technik GmbH
Dover (NYSE: DOV) announced today that it has completed the acquisition of XanTec Steuerungs- und EDV-Technik GmbH ("XanTec"), a developer and supplier of automation and control solutions for industrial machinery of all types with particular focus on plastic and polymer processing machines across the globe. XanTec now becomes part of the Maag Group ("Maag"), a trusted global provider of integrated and customizable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical and food industries within Dover's Pumps & Process Solutions segment.
Dover is a manufacturer and solutions provider. Co. provides services through five segments: Engineered Products, which provides a range of products, software and services; Fueling Solutions, which provides components, equipment and software and service solutions enabling transport of fuels and other hazardous fluids; Imaging and Identification, which includes supplying precision marking and coding; Pumps and Process Solutions, which includes manufacturing of pumps; and Refrigeration and Food Equipment, which provides equipment and systems that serve the commercial refrigeration, heating and cooling and food equipment markets.
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