Dover to Sell DESTACO Business Unit
DOWNERS GROVE, Ill., Oct. 11, 2023 /PRNewswire/ — Dover (NYSE: DOV) today announced that it has entered into a definitive agreement to sell its De-Sta-Co business (“DESTACO”), which is part of Dover’s Engineered Products segment, to Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L, “Stabilus”) for $680 million enterprise value, subject to customary post-closing adjustments. DESTACO designs, manufactures, … Read more