On the Record · Dover

Dover acquisitions, on the record

The businesses Dover bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
De-Sta-Co, an operating company within the Engineered Products segment Word for word“On October 11, 2023, the Company entered into a definitive agreement to sell De-Sta-Co, an operating company within the Engineered Products segment, for approximately $680 million enterprise value, subject to customary post-closing adjustments.” 10-K for 2023	agreed divestiture	On October 11, 2023	approximately $680 million enterprise value
Unified Brands ("UB"), a wholly owned subsidiary of the Company within the Climate & Sustainability Technologies segment and Race Winning Brands ("RWB"), an equity method investment within the Engineered Products segment Word for word“During 2021, we completed the sales of Unified Brands ("UB"), a wholly owned subsidiary of the Company within the Climate & Sustainability Technologies segment and Race Winning Brands ("RWB"), an equity method investment within the Engineered Products segment for aggregate cash consideration of $275.0 million.” 10-K for 2023	divestiture	During 2021	aggregate cash consideration of $275.0 million
two businesses acquired in 2023 Word for word“During the year ended December 31, 2023, we made two business acquisitions totaling $535.3 million, net of cash acquired and inclusive of contingent consideration.” 10-K for 2023	acquisition	During the year ended December 31, 2023	$535.3 million, net of cash acquired and inclusive of contingent consideration
two businesses acquired in January 2024 Word for word“In January 2024, we made two business acquisitions totaling approximately $140.6 million, net of cash acquired, plus potential contingent consideration of up to approximately $33.4 million.” 10-K for 2023	acquisition	In January 2024	approximately $140.6 million, net of cash acquired, plus potential contingent consideration of up to approximately $33.4 million
FW Murphy Production Controls business Word for word“Acquisition-related growth was driven by the acquisitions of Witte Pumps & Technology GmbH, Malema Engineering Corporation, and AMN DPI in 2022, along with FW Murphy Production Controls business in the fourth quarter of 2023.” 10-K for 2023	acquisition	in the fourth quarter of 2023	—
Environmental Solutions Group (ESG) business Word for word“On October 8, 2024, the Company completed the sale of the Environmental Solutions Group ("ESG") business, an operating company within the Engineered Products segment, for total consideration, net of cash transferred, of $2.0 billion.” 10-K for 2024	agreed divestiture	On October 8, 2024	$2.0 billion
De-Sta-Co business Word for word“On March 31, 2024, the Company completed the sale of the De-Sta-Co business, an operating company within the Engineered Products segment, for total consideration, net of cash transferred of $675.9 million.” 10-K for 2024	agreed divestiture	On March 31, 2024	$675.9 million
a minority owned equity method investment within Climate & Sustainability Technologies segment Word for word“Gain on dispositions of $597.8 million for the year ended December 31, 2024 was driven by the sale of the De-Sta-Co business on March 31, 2024, and the sale of a minority owned equity method investment on September 30, 2024.” 10-K for 2024	divestiture	September 30, 2024	—
eight business acquisitions Word for word“During the year ended December 31, 2024, the Company completed eight business acquisitions for approx imately $674.0 million, net of cash acquired and inclusive of measurement period adjustments and contingent consideration.” 10-K for 2024	acquisition	During the year ended December 31, 2024	—
Witte Pumps & Technology GmbH, Malema Engineering Corporation, and AMN DPI Word for word“Acquisition-related growth was driven by the acquisitions of Witte Pumps & Technology GmbH, Malema Engineering Corporation, and AMN DPI in 2022.” 10-K for 2024	acquisition	2022	—
Environmental Solutions Group (ESG) Word for word“On October 8, 2024, the Company completed the sale of the Environmental Solutions Group ("ESG") business, an operating company within the Engineered Products segment, for total consideration, net of cash transferred, of $2.0 billion.” 10-K for 2025	divestiture	October 8, 2024	$2.0 billion
De-Sta-Co Word for word“On March 31, 2024, the Company completed the sale of the De-Sta-Co business, an operating company within the Engineered Products segment, for total consideration, net of cash transferred, of $675.9 million.” 10-K for 2025	divestiture	March 31, 2024	$675.9 million
Marshall Excelsior Company Word for word“Acquisition-related growth was primarily driven by the acquisition of Marshall Excelsior Company in the third quarter of 2024.” 10-K for 2025	acquisition	the third quarter of 2024	—
Cryogenic Machinery Corp. (Cryo-Mach) Word for word“Acquisition-related growth was driven by the acquisitions of Cryogenic Machinery Corp. ("Cryo-Mach") in the first quarter of 2025 and Sikora AG ("Sikora") and ipp Pump Products GmbH ("ipp") in the second quarter of 2025.” 10-K for 2025	acquisition	the first quarter of 2025	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2016-12-31	$1.56 billion	$206.4 million	$908.3 million
2017-12-31	$27.2 million	$372.7 million	$30.2 million
2018-12-31	$68.6 million	$3.9 million	$46.7 million
2019-12-31	$215.7 million	$24.2 million	$119.5 million
2020-12-31	$335.8 million	$15.4 million	$205.8 million
2021-12-31	$1.11 billion	—	$582.1 million
2022-12-31	$312.9 million	—	$200.5 million
2023-12-31	$533.6 million	—	$227.8 million
2024-12-31	$635.3 million	—	$337.3 million
2025-12-31	$663.3 million	—	$367.1 million

Deal filings since 2016

2026-04-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-07-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-04-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-11-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-10-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-14 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Dover’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.