About This Deal
Dover Corporation acquired Wayne Fueling Systems Ltd. for $792.2 million, a transaction completed in December 2016, structured as Stock purchase, net of cash acquired.
Wayne Fueling Systems Ltd. operates in Fluids, is based in Austin, Texas. Provider of fuel dispensing, payment systems and monitoring and optimization software.
Expanded Dover's fuel dispensing, payment and retail-fueling software platform within the Fluids segment.
Deal Terms
Acquirer
Dover Corporation
Target
Wayne Fueling Systems Ltd.
Value
$792.2 million
Date
December 2016
Type
Acquisition
Status
Ready
Transaction Details
Target HQ
Austin, Texas
Segment
Fluids
Structure
Stock purchase, net of cash acquired
Closed
December 9, 2016
In Their Words
On December 9, 2016, the Company acquired Wayne Fueling Systems Ltd., a provider of fuel dispensing, payment systems and monitoring and optimization software, for approximately $792,244, net of cash acquired.Dover Corporation Form 10-K for fiscal year 2016 (Note - Acquisitions)
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
SEC filing ↗
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