Dover Acquires Marshall Excelsior Company For $395M In Cash; MEC To Join OPW Global Unit Within Dover's Clean Energy & Fueling Segment
Portfolio Pulse from Benzinga Newsdesk
Dover Corporation has acquired Marshall Excelsior Company for $395 million in cash. MEC will join OPW Global, a unit within Dover's Clean Energy & Fueling segment.
July 22, 2024 | 8:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Dover Corporation has acquired Marshall Excelsior Company for $395 million in cash. MEC will be integrated into OPW Global, enhancing Dover's Clean Energy & Fueling segment.
The acquisition of Marshall Excelsior Company for $395 million is a significant move for Dover Corporation. Integrating MEC into OPW Global will likely enhance Dover's capabilities and offerings in the Clean Energy & Fueling segment, potentially driving growth and improving market position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100