About This Deal
Dover Corporation acquired Arc Pacific group for $8.8 million, a transaction completed in August 2023, structured as all cash.
Arc Pacific group operates in Imaging & Identification. The Arc Pacific group is a global supplier of can washers, dry-off, pin and internal bake ovens for the metal packaging industry. Acquired 100 percent of the equity interest for $8.8 million, net of cash acquired and inclusive of contingent consideration.
Arc Pacific extends Dover's reach into can processing equipment for metal packaging.
Imaging & Identification
Deal Terms
Acquirer
Dover Corporation
Target
Arc Pacific group
Value
$8.8 million
Date
August 2023
Type
Full acquisition
Status
Ready
Transaction Details
Segment
Imaging & Identification
Structure
All cash
Announced
August 28, 2023
Closed
August 28, 2023
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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