Announced
Financials
Sources
Tags
Acquisition
Single Bidder
legal services on construction
legal services on energy projects
Private
Friendly
contract administration
legal services on infrastructure
Pending
planning
commercial management
Majority
scheduling
United States
Software
Synopsis
Dover, an American conglomerate manufacturer of industrial products, agreed to acquire Systech International, a provider of software and solutions for product traceability, regulatory compliance, and brand protection. Financial terms were not disclosed. The transaction is subject to the satisfaction of customary closing conditions, including applicable regulatory approvals, and is expected to close in the first quarter of 2020. "Systech brings a long and successful history of innovation to deliver world-leading solutions to protect brands and products over the past 35 years. We are excited to bring together Systech's innovative software solutions and Markem-Imaje's scale, global reach, and service excellence capability to build a market leader in the brand protection market," Richard J. Tobin, Dover's President and CEO.
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