Dover (DOV) announced that it has acquired certain assets within Carter Day International’s petrochemical division. The acquired assets now become part of the MAAG business unit within Dover’s Pumps & Process Solutions segment, expanding MAAG’s pelletizing-system portfolio of dewatering and drying equipment for the plastics industry with highly-engineered products and proprietary technologies, and also include complementary high-volume dryer technology to MAAG’s existing portfolio. Terms of the transaction were not disclosed.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOV:
- Dover price target lowered to $222 from $236 at Citi
- Dover price target lowered to $200 from $205 at Wells Fargo
- Dover Announces CFO Transition with Chris Woenker
- Dover CFO Brad Cerepak to retire, Christopher Woenker to succeed
- Trump Trade: Analyst moves to sidelines on Capital One after Trump rally