Dover Boosts Pumps & Process Solutions Portfolio With ipp Acquisition

Group 1: Acquisition Overview - Dover Corporation (DOV) has acquired ipp Pump Products GmbH, a specialized manufacturer of sanitary pump technologies, to enhance its capabilities in critical hygienic applications [1][8] - ipp will be integrated into Dover's Pump Solutions Group, which is part of the Pumps & Process Solutions segment [1][8] Group 2: Recent Acquisitions - On June 12, 2025, Dover completed the acquisition of SIKORA AG, which will be incorporated into DOV's MAAG business, enhancing offerings in the resin markets and providing cross-selling opportunities [3] - On January 20, 2025, Dover acquired Cryogenic Machinery Corp. (Cryo-Mach), which will strengthen its position in the cryogenic market and become part of the PSG business [4][5] - On January 13, 2025, the company acquired certain assets from Carter Day International, Inc.'s petrochemical division, which will enhance MAAG's portfolio in the plastics industry [6] Group 3: Market Performance - Dover's stock has decreased by 4.2% over the past year, contrasting with the industry's growth of 4.1% [7]