Dover Acquires Marshall Excelsior, a Leading Provider of Mission-Critical Cryogenic and Flow Control Components

DOWNERS GROVE, Ill., July 22, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired Marshall Excelsior Company ("MEC") for $395M in cash. MEC will become part of the OPW Global ("OPW") operating unit within Dover's Clean Energy & Fueling segment ("DCEF"). MEC is a highly-complementary acquisition to OPW. It serves the liquefied petroleum gas and cryogenic markets while adding access to new transport vehicle remote monitoring and severe service valve offerings that expand OPW's particip ...