Dover Corporation acquires Marshall Excelsior Company (MEC)
Snapshot
Dover Corporation acquired Marshall Excelsior Company (MEC) for $395.8 million in July 2024. The transaction was structured as all cash. Marshall Excelsior Company (MEC) is a Pumps & Process Solutions business.
- Acquirer
- Dover Corporation
- Target
- Marshall Excelsior Company (MEC)
- Value
- $395.8 million
- Date
- July 2024
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
Dover Corporation acquired Marshall Excelsior Company (MEC) for $395.8 million, a transaction completed in July 2024, structured as all cash.
Marshall Excelsior Company (MEC) operates in Pumps & Process Solutions. The Marshall Excelsior Company (MEC) is a supplier of highly-engineered flow control components for transportation, storage and use in liquefied petroleum gas and other industrial gases. Acquired 100 percent of the equity interests for $395.8 million, net of cash acquired.
MEC strengthens Dover's flow control and gas-handling components offering for LPG and industrial gases.
Pumps & Process Solutions
No advisory firms have been disclosed for this transaction.