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Dover acquires Cryogenic Machinery Corp. to expand presence in cryogenic end market

PUBLIC · DOVJan 20, 2025

Acquiring Company

Dover

Acquired Company

Cryogenic Machinery Corp. (Cryo-Mach)

Downers GroveLos AngelesManufacturingManufacturingOil And Gas

Description

Dover has announced the acquisition of Cryogenic Machinery Corp. (Cryo-Mach) to become part of the PSG business within Dover's Pumps & Process Solutions segment. This strategic move expands Dover's presence in the cryogenic end market and strengthens its position within cryogenics, facilitating sustainable, profitable growth.

Quick answer

Dover is acquiring Cryogenic Machinery Corp. (Cryo-Mach), announced January 20, 2025. Dover is based in Downers Grove, Illinois, United States.

How much did Dover pay for Cryogenic Machinery Corp. (Cryo-Mach)?
The deal value was not disclosed.
What does Dover do?
Dover Corp. is a diversified industrial company primarily focused on manufacturing and distributing a wide range of products and services.
Where are Dover and Cryogenic Machinery Corp. (Cryo-Mach) based?
Dover is based in Downers Grove, Illinois, United States. Cryogenic Machinery Corp. (Cryo-Mach) is based in Los Angeles, California, United States.
Who are the decision-makers at Dover?
Fundz holds 1 contact at Dover. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Dover

Location

3005 Highland Parkway

Downers Grove, Illinois, United States

About

Dover Corp. is a diversified industrial company primarily focused on manufacturing and distributing a wide range of products and services. The company operates in several segments including energy, engineered systems, and fluids. Dover emphasizes innovation and operational excellence to drive growth in various markets. It is noted for its strong financial performance and commitment to sustainable practices.

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Frequently asked

Who acquired Cryogenic Machinery Corp. (Cryo-Mach)?

Cryogenic Machinery Corp. (Cryo-Mach) was acquired by Dover, based in Downers Grove. The deal was reported on January 20, 2025. Dover Corp. is a diversified industrial company primarily focused on manufacturing and distributing a wide range of products and services. Dover is publicly traded (DOV) and operates in Manufacturing.

When did Dover acquire Cryogenic Machinery Corp. (Cryo-Mach)?

Dover's acquisition of Cryogenic Machinery Corp. (Cryo-Mach) was reported on January 20, 2025. Dover has announced the acquisition of Cryogenic Machinery Corp. (Cryo-Mach) to become part of the PSG business within Dover's Pumps & Process Solutions segment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cryogenic Machinery Corp. (Cryo-Mach) do?

Cryo-Mach is a specialized designer and manufacturer of mission-critical cryogenic centrifugal pumps, mechanical seals, and accessories. It is privately held, operating in Manufacturing, and is based in Los Angeles.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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