Dover completed the acquisition of FW Murphy from Genisys Controls for $530m.

Dover, a conglomerate manufacturer of industrial products, completed the acquisition of FW Murphy, a provider of control, remote monitoring, digital-twin-based predictive maintenance, from Genisys Controls, an operator of a group of subsidiaries in diversified sectors, for $530m. "FW Murphy is a highly regarded technological pioneer and leader in controlling and optimizing the performance of reciprocating compressors and engines. Adding its portfolio of solutions will allow DPC to offer reciprocating compression customers an unparalleled choice of technologies to improve efficiency, promote safety, reduce their carbon emissions, and accelerate clean energy adoption. We expect to achieve tangible growth synergies from our combined product offerings and global go-to-market channels," Marcell Ulrichs, DPC President.