Categories: Business

Dover Corporation Streamlines Operations with Sale of De-Sta-Co Business

Dover Corporation (NYSE: DOV) has completed the sale of its De-Sta-Co business to Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L). The transaction is part of Dover’s ongoing efforts to streamline its operations and focus on core business areas.

Dover is a global manufacturer and solutions provider with annual revenue exceeding $8 billion. The company offers a wide range of products and services including equipment, components, consumable supplies, aftermarket parts, software, digital solutions, and support services. With five operating segments – Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies – Dover serves a variety of markets worldwide.

For over 65 years, Dover has been recognized for its entrepreneurial approach and commitment to customer collaboration. With a team of over 25,000 employees who take an ownership mindset, Dover aims to redefine what’s possible in the markets it serves. The company is headquartered in Downers Grove, Illinois, and its stock trades on the New York Stock Exchange under the ticker symbol “DOV.”

For more information about Dover Corporation and its range of products and services, visit dovercorporation.com. Investors can contact Jack Dickens, Senior Director of Investor Relations

Samantha Johnson

As a passionate content writer at newschemical.com, my name is Samantha Johnson. With a background in journalism and a keen eye for storytelling, I craft compelling articles that captivate and inform our readers. From breaking news to in-depth features, I strive to deliver content that is not only engaging but also insightful. With a love for words and a dedication to accuracy, I work diligently to keep our audience informed and engaged with the latest stories and trends. Join me on this journey through the world of news and knowledge at newschemical.com.

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