Dover acquires Acme Cryogenics, Inc. and RegO


Dover has completed the acquisition of Acme Cryogenics, Inc. for $295m in cash and entered into a definitive agreement to acquire Engineered Controls International, LLC (RegO) for $631m in cash.

The RegO acquisition includes tax step-up benefits with a net present value of approximately $35m and both businesses will become part of the OPW Global operating unit within Dover’s Fuelling Solutions segment.

Allentown, Pennsylvania-based Acme and Elon, North Carolina-based RegO are well-established providers of highly-engineered components and services for the production, storage, and distribution of cryogenic gases.

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