Dover completes acquisition of Cloeren, expanding its Pumps & Process Solutions segment.

Dover Corporation has finalized its acquisition of Cloeren Incorporated, integrating it into the MAAG business unit within Dover's Pumps & Process Solutions segment. This move strengthens Dover's portfolio in pump and process technologies, supporting its position as a global manufacturer with over $8 billion in annual revenue. The acquisition aligns with Dover's strategy to enhance its operational capabilities and market leadership across its five business segments. Investors can expect Dover to leverage Cloeren's expertise to drive growth and innovation in its pump solutions.