Dover Completes Acquisition Of Belanger

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Jan 25, 2019, 16:25 ET

DOWNERS GROVE, Ill., Jan. 25, 2019 /PRNewswire/ -- Dover (NYSE: DOV) announced today that it has completed the previously announced acquisition of the Belanger, Inc. business ("Belanger"), which will become part of OPW, a business unit within Dover's Fluids segment.

Belanger is a leading manufacturer of vehicle wash equipment and systems. Valued by customers for its innovative designs and the durability, reliability and user-friendly functionality of its equipment, Belanger has served the industry for nearly 50 years.

About Dover:

Dover is a diversified global manufacturer with annual revenues of approximately $7 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through three operating segments: Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of over 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.

About OPW:

For 125 years, OPW has led the way in designing and manufacturing world-class retail fueling and fluid handling solutions for the safe and efficient handling and distribution of fuels and critical fluids. OPW makes above ground and below ground products for both conventional, vapor recovery and clean energy applications in the retail and commercial markets. Additionally, OPW supplies loading arms, valves and dry-break couplings, tank truck equipment, rail car valves and equipment, and car wash systems. OPW has manufacturing operations in North America, Europe, Latin America and Asia Pacific, with sales offices around the world. OPW is part of Dover Corporation. To learn more about OPW's 125 years of providing industry-leading solutions, visit our website at opwglobal.com.

SOURCE Dover