Announced
Financials
Sources
Tags
commercial services
dispensing systems
Friendly
Pending
Acquisition
Spain
Single Bidder
Private
Majority
Cross Border
Equipment Rental
Synopsis
Dover-backed PSG, a global pump and dispensing solution expert and manufacturer of pumps, systems and related flow-control technology, agreed to acquire Dositec Sistemas, a manufacturer of dispensing systems focusing on laundry, food service and commercial cleaning. Financial terms were not disclosed. “This acquisition strengthens PSG and Hydro Systems as it enhances our product development capabilities and enables us to support more of our customers around the globe. We are excited for the future of the Dositec product line, which will simplify and improve the laundry process for our customers," John Goetz, Hydro Systems Global Product Manager.
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