Dover Corporation (NYSE: DOV) is a diversified global manufacturer and solutions provider that has successfully finalized the sale of its De-Sta-Co business to Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L). Previously part of Dover’s Engineered Products segment, De-Sta-Co will now be under new ownership. This transaction marks an important strategic move for Dover as it continues to evolve and remain competitive in the marketplace.
With an annual revenue exceeding $8 billion, Dover offers a wide range of innovative equipment, components, consumables, aftermarket parts, software, digital solutions, and support services across five operating segments. These segments include Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. Dover’s global scale combined with operational agility allows the company to stay at the forefront of the markets it serves.
Dover has been recognized for its entrepreneurial spirit for over 65 years. With a team of over 25,000 employees, the company takes an ownership mindset and works closely with customers to push the boundaries of what is possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” To learn more about Dover Corporation and its diverse portfolio of products and services