Dover Corporation acquires Arc Pacific group
Snapshot
Dover Corporation acquired Arc Pacific group for $8.8 million in August 2023. The transaction was structured as all cash. Arc Pacific group is a Imaging & Identification business.
- Acquirer
- Dover Corporation
- Target
- Arc Pacific group
- Value
- $8.8 million
- Date
- August 2023
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
Dover Corporation acquired Arc Pacific group for $8.8 million, a transaction completed in August 2023, structured as all cash.
Arc Pacific group operates in Imaging & Identification. The Arc Pacific group is a global supplier of can washers, dry-off, pin and internal bake ovens for the metal packaging industry. Acquired 100 percent of the equity interest for $8.8 million, net of cash acquired and inclusive of contingent consideration.
Arc Pacific extends Dover's reach into can processing equipment for metal packaging.
Imaging & Identification
No advisory firms have been disclosed for this transaction.