About This Deal
Dover Corporation acquired Cryogenic Machinery Corp. (Cryo-Mach) for $28.9 million, a transaction completed in January 2025, structured as all cash.
Cryogenic Machinery Corp. (Cryo-Mach) operates in Pumps & Process Solutions. Cryogenic Machinery Corp. (Cryo-Mach) is a provider of cryogenic centrifugal pumps, mechanical seals and accessories. Total consideration of $28.9 million, net of cash acquired.
Cryo-Mach extends Dover's cryogenic pump and components offering within Pumps & Process Solutions.
Pumps & Process Solutions
Deal Terms
Acquirer
Dover Corporation
Target
Cryogenic Machinery Corp. (Cryo-Mach)
Value
$28.9 million
Date
January 2025
Type
Full acquisition
Status
Ready
Transaction Details
Segment
Pumps & Process Solutions
Structure
All cash
Announced
January 17, 2025
Closed
January 17, 2025
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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