Deal
Dover Corporation acquires Transchem Group
January 2024
Full acquisition
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The deal at a glance
Private-market deal
Dover Corporation acquires Transchem Group
Deal value
$48.2 million
Sector
Clean Energy & Fueling
Date
January 2024
VectorShift
Made on VectorShift
Dover Corporation acquired Transchem Group for $48.2 million, a transaction completed in January 2024, structured as all cash.
Transchem Group operates in Clean Energy & Fueling, is based in Canada. The Transchem Group is a supplier of car wash chemicals and associated solutions. Acquired 100 percent of the equity interests for $48.2 million, net of cash acquired and inclusive of contingent consideration.
Transchem expands Dover's car wash chemicals and consumables offering within Clean Energy & Fueling.
Clean Energy & Fueling
Advisors not disclosed
No advisory firms have been disclosed for this transaction.