Dover (NYSE: DOV) today announced that it has acquired certain assets within Carter Day International, Inc.’s petrochemical division.
The acquired assets now become part of the MAAG business unit within Dover’s Pumps & Process Solutions segment, expanding MAAG’s pelletizing-system portfolio of dewatering and drying equipment for the plastics industry with highly-engineered products and proprietary technologies, and also include complementary high-volume dryer technology to MAAG’s existing portfolio.
“Consistent with our customer-centric strategy, 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.