About This Deal
Dover Corporation acquired Belanger, Inc. for $175.4 million, a transaction completed in January 2019, structured as asset purchase.
Belanger, Inc. operates in Clean Energy & Fueling. Belanger, Inc. (Belanger) is a full-line car wash equipment manufacturer. Acquired the assets for $175.4 million, net of cash acquired. Strengthens Dover's position in the vehicle wash business.
Belanger strengthens Dover's position in the vehicle wash equipment business.
Clean Energy & Fueling
Deal Terms
Acquirer
Dover Corporation
Target
Belanger, Inc.
Value
$175.4 million
Date
January 2019
Type
Full acquisition
Status
Ready
Transaction Details
Segment
Clean Energy & Fueling
Structure
Asset purchase
Announced
January 25, 2019
Closed
January 25, 2019
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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