About This Deal

Dover Corporation acquired Transchem Group for $48.2 million, a transaction completed in January 2024, structured as all cash.

Transchem Group operates in Clean Energy & Fueling, is based in Canada. The Transchem Group is a supplier of car wash chemicals and associated solutions. Acquired 100 percent of the equity interests for $48.2 million, net of cash acquired and inclusive of contingent consideration.

Transchem expands Dover's car wash chemicals and consumables offering within Clean Energy & Fueling.

Clean Energy & Fueling

Deal Terms

Acquirer
Dover Corporation
Target
Transchem Group
Value
$48.2 million
Date
January 2024
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Canada
Segment
Clean Energy & Fueling
Structure
All cash
Announced
January 17, 2024
Closed
January 17, 2024

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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