Dover Corporation to Acquire SIKORA AG for €550 Million, Expanding Precision Measurement Solutions Portfolio

Reuters
05-06
Dover Corporation to Acquire SIKORA AG for €550 Million, Expanding Precision Measurement Solutions Portfolio

Dover Corporation announced on May 5, 2025, that it has entered into a definitive agreement to acquire SIKORA AG for €550 million in cash. The acquisition, expected to close in the second quarter of 2025 pending regulatory approvals, will integrate SIKORA into Dover's MAAG operating unit within its Pumps & Process Solutions segment. Founded in 1973, SIKORA, based in Bremen, Germany, specializes in precision measurement, inspection, and control solutions for production processes across various industries. The acquisition is seen as a strategic fit for Dover, enhancing its market reach and technological offerings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dover Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY80175) on May 05, 2025, and is solely responsible for the information contained therein.

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