Dover Corporation (NYSE:DOV) acquired Transchem Inc. on January 17, 2024.

Dover Corporation (NYSE:DOV) completed the acquisition of Transchem Inc. for $48.2 million on January 17, 2024. The consideration for the purchase of Transchem Inc. for approximately $29.6 million, net of cash acquired, plus potential contingent consideration of up to approximately $18.6 million and subject to customary post-closing adjustments.