India, May 5 -- Dover Corp. (DOV) announced that it agreed to acquire SIKORA AG for 550 million euros in cash, subject to customary adjustments.
The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions, including receipt of regulatory approvals.
Following the closing of the transaction, SIKORA will become part of Dover's MAAG operating unit within Dover's Pumps & Process Solutions segment.
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Founded in 1973 by Harald Sikora and headquartered in Bremen, Germany, SIKORA is a provider of precision measurement, inspection, and control solutions for production processes in the wires and cables, hoses, tubes, s...