Dover Signs Deal to Acquire Cloeren

MT Newswires Live07-28

Dover (DOV) has agreed to acquire Cloeren, a manufacturer of extrusion T-dies and feedblocks for polymer and plastics applications, the company said Tuesday.

Financial terms of the transaction were not disclosed.

Cloeren will join the MAAG business unit within Dover's Pumps & Process Solutions segment, Dover said.

The deal is expected to close in Q3, Dover said.

Price: 203.99, Change: -1.83, Percent Change: -0.89

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