DOWNERS GROVE, Ill., Sept. 11, 2024 /PRNewswire/ -- CPC (Colder Products Company), part of Dover (NYSE: DOV) and a leading manufacturer of connection technologies used in biopharmaceutical processing, today announced the launch of a new aseptic micro-connector that fits directly into the freeze cassettes used in cell and gene therapy (CGT) processing. Cryopreservation – freezing CGT biological materials at ultralow temperatures – helps minimize material loss of function during product shipment and storage, ...

Core Insights - Advansor, part of Dover Food Retail, has launched a new range of CO2 climate solution enclosures aimed at supermarkets, cold storage, and industrial applications, which facilitate faster on-site installation and flexible outdoor placement options [1][3]. Product Features - The entire heating and cooling rack, including modules, can be mounted in the new enclosure, ensuring quick installation and allowing outdoor placement to maximize indoor space [2]. - The enclosures come in two models: medium and large. The medium range offers four sizes up to four meters, while the large range includes six sizes up to ten meters, accommodating larger racks [3]. - The new enclosures are constructed with solid welded steel base frames, a fixed roof for weather protection, and active cooling technology, making them suitable for warm climates [4]. Company Background - Advansor has designed and produced over 16,000 CO2 systems for sustainable commercial and industrial cooling and heating globally since 2006, positioning itself as a market leader in this sector [5]. - Dover Food Retail, part of Dover Corporation, focuses on creating unique food experiences and offers a comprehensive portfolio of innovative solutions to enhance profitability for its customers [6]. - Dover Corporation is a diversified global manufacturer with annual revenue exceeding $8 billion, operating across five segments and employing approximately 25,000 people [7].

Dover Corporation (DOV) announced the acquisition of Criteria Labs, Inc., which would be integrated into DOV's Microwave Products Group ("MPG") within the Engineered Products segment. This move will enable MPG to develop more compact and lightweight designs while maintaining performance and durability. Criteria Labs is a pioneer in radio frequency devices and microelectronic engineering solutions for highreliability applications. The company is primarily based in Austin, TX, where it operates a massive clea ...

Core Viewpoint - Dover has acquired Criteria Labs, enhancing its Microwave Products Group's capabilities in high-reliability RF device and microelectronic engineering solutions for various industries [1][3]. Company Overview - Dover is a diversified global manufacturer with annual revenue exceeding $8 billion, operating through five segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies [4]. Acquisition Details - Criteria Labs specializes in RF device engineering solutions and has facilities in Austin, Texas, and Penrose, Colorado, focusing on space test engineering and electronic component packaging [2][3]. - The acquisition will enable Dover to meet stringent Size, Weight, and Power (SWaP) requirements essential for electronic warfare and communication systems, allowing for more compact and lighter designs without sacrificing performance [3].

Core Viewpoint - Dover has acquired SPS Cryogenics B.V. and Special Gas Systems B.V., enhancing its Clean Energy Solutions business and expanding its presence in the European market [1][2][3] Group 1: Acquisition Details - The acquisition includes SPS and SGS, which design and manufacture vacuum-insulated piping systems for various liquefied gases such as nitrogen, oxygen, and carbon dioxide [2] - This acquisition complements Dover's recent acquisition of Demaco, supporting the growth strategy of OPW Clean Energy Solutions [3] Group 2: Strategic Implications - The addition of SPS and SGS diversifies OPW CES's product portfolio and strengthens its position in the cryogenic and industrial gas sectors [3] - The acquisition is part of a broader strategy to meet the increasing global demand for clean energy solutions [3] Group 3: Company Overview - Dover is a diversified global manufacturer with annual revenues exceeding $8 billion, operating across five segments including Clean Energy & Fueling [4] - The company employs approximately 25,000 people and has a history of over 65 years in the market [4]

Core Insights - Dover Fueling Solutions (DFS) has launched the PetroVend Synergy Fuel Site Controller™ (PetroVend Synergy FSC™), a unified platform designed to enhance fleet operations by consolidating multiple functionalities into a single solution [1][2][3] Group 1: Product Features and Benefits - PetroVend Synergy FSC integrates previously separate systems, simplifying operations and reducing points of failure, which leads to cost savings for fleet operators [2] - The platform allows fleet operators to remotely monitor and manage fueling devices from any location using various devices, providing real-time visibility into site operations and transactions [2][3] - Enhanced Proprietary Card File (PCF) capabilities enable fleet managers to set specific fueling rules based on vehicle type, time of day, and fuel type, improving control over fuel distribution [3] - The integration of dispenser communications into the controller streamlines hardware requirements, simplifying installation and maintenance while being cost-effective for end-users [4] Group 2: Future Capabilities - PetroVend Synergy FSC will soon support Automatic Vehicle Identification (AVI), transitioning to a software-based integration that simplifies installation and reduces costs for fleet operators [5] - The platform will expand to include fleet card processing, starting with Wex integration, allowing operators to manage multiple fleet cards seamlessly [6] Group 3: Company Overview - Dover Fueling Solutions is part of Dover Corporation, a leading provider of advanced energy dispensing equipment and solutions for fueling and convenience retail customers worldwide [7] - Dover Corporation has an annual revenue exceeding $8 billion and operates through five segments, including Clean Energy & Fueling [8]

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DOWNERS GROVE, Ill., Aug. 2, 2024 /PRNewswire/ -- The Board of Directors of Dover Corporation (NYSE: DOV) today increased its quarterly cash dividend to $0.515 (fifty-one and one-half cents) per share, from the previous $0.51 (fifty-one cents) per share, an increase of $0.005 (one-half cent). This is the 69th consecutive year in which the Company has increased its annual cash dividend, demonstrating Dover's longstanding commitment to returning capital to shareholders. This increased dividend will be paid on ...

Dover Corporation (NYSE:DOV) Q2 2024 Earnings Conference Call July 25, 2024 9:30 AM ET Company Participants Richard J. Tobin – President and Chief Executive Officer Brad Cerepak – Senior Vice President and Chief Financial Officer Jack Dickens – Senior Director-Investor Relations Conference Call Participants Andy Kaplowitz – Citigroup Jeff Sprague – Vertical Research Partners Steve Tusa – JPMorgan Andrew Obin – Bank of America Scott Davis – Melius Research Brett Linzey – Mizuho Julian Mitchell – Barclays Joe ...

Segmental Performance The Clean Energy & Fueling segment's revenues were $463 million compared with the prior-year quarter's $441 million. The figure topped our estimate of $448 million. The segment's adjusted EBITDA was $95 million, up from the prior-year quarter's $91 million. The figure topped our estimate of $83.9 million. The Climate & Sustainability Technologies segment's revenues decreased to $437 million from the $449 million reported in the year-earlier quarter. We predicted revenues of $442 millio ...