Dover Corporation acquires Cryogenic Machinery Corp. (Cryo-Mach)
Snapshot
Dover Corporation acquired Cryogenic Machinery Corp. (Cryo-Mach) for $28.9 million in January 2025. The transaction was structured as all cash. Cryogenic Machinery Corp. (Cryo-Mach) is a Pumps & Process Solutions business.
- Acquirer
- Dover Corporation
- Target
- Cryogenic Machinery Corp. (Cryo-Mach)
- Value
- $28.9 million
- Date
- January 2025
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
Dover Corporation acquired Cryogenic Machinery Corp. (Cryo-Mach) for $28.9 million, a transaction completed in January 2025, structured as all cash.
Cryogenic Machinery Corp. (Cryo-Mach) operates in Pumps & Process Solutions. Cryogenic Machinery Corp. (Cryo-Mach) is a provider of cryogenic centrifugal pumps, mechanical seals and accessories. Total consideration of $28.9 million, net of cash acquired.
Cryo-Mach extends Dover's cryogenic pump and components offering within Pumps & Process Solutions.
Pumps & Process Solutions
No advisory firms have been disclosed for this transaction.