Dover Corp. has acquired some assets of Carter Day International, Inc.'s petrochemical division, which will become part of the Maag business unit within Dover's Pumps & Process Solutions segment.
The acquisitions will expand Maag's pelletizing-system portfolio of dewatering and drying equipment for the plastics industry, and add complementary high-volume dryer technology to Maag's existing portfolio.
“This acquisition represents an important step forward and aligns with our commitment of providing our customers with the most effective and efficient solutions to meet their ever-growing needs,” said Ueli Thuerig, president of Maag Group, in a statement.
Terms of the transaction were not disclosed.
Request More Information
Request More Information