Dover Corporation

Dover Corporation stands as a prominent diversified global manufacturer and solutions provider with annual revenue of $7.7 billion and a workforce of over 25,000 employees across approximately 160 countries. Founded in 1955 and headquartered in Downers Grove, Illinois, Dover delivers innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five distinct operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies.

The company's diverse portfolio serves critical markets including retail fueling, consumer goods, oil and gas, biopharma, commercial refrigeration, food equipment, chemical, hygienic, and industrial end markets across North America, Europe, Asia Pacific, and other regions. Dover's Engineered Products segment provides solutions for aerospace, defense, aftermarket vehicle services, industrial automation, and waste disposal. The Clean Energy & Fueling segment offers advanced dispensing equipment, electronic automation and payment systems for retail fueling and clean energy applications. The Imaging & Identification segment supplies equipment for marking, coding, and product traceability, while Pumps & Process Solutions manufactures pumps, flow meters, and dispensing equipment for critical fluid transfer applications, including the biopharma industry.

Dover's Climate & Sustainability Technologies segment produces refrigeration systems, display cases, and heat exchangers for commercial and industrial applications. The company has maintained a strong commitment to shareholder value, paying dividends continuously since 1955 with annual increases each year. Dover was ranked 448 in the 2024 Fortune 500 and is a constituent of the S&P 500 index, trading on the New York Stock Exchange under the symbol DOV.

The company's decentralized management philosophy, rooted in its founding principles, emphasizes entrepreneurial autonomy and empowers business leaders to make decisions close to their customers. This approach has enabled Dover to successfully acquire and integrate over 49 companies throughout its history while maintaining operational excellence. In recent years, Dover has strategically reshaped its portfolio through selective acquisitions and divestitures, including the 2024 sale of its Environmental Solutions Group division to Terex for $2 billion and the DESTACO business to Stabilus for $680 million, while simultaneously making six strategic acquisitions to strengthen its core segments.