Recently, Dover Corporation (DOV – Free Report) acquired Ettlinger Kunststoffmaschinen GmbH and its affiliated entities, in a bid to boost its presence in the plastics and polymers processing equipment industry. Financial terms of the transaction have not been disclosed.
Based in Königsbrunn, Germany, Ettlinger develops and manufactures high-performance filtration systems and custom injection-molding machines. Per the deal, Ettlinger will become part of the Maag business unit within Dover’s Fluids segment. Ettlinger’s high-performance filtration systems will fortify Maag’s position in the plastics-processing equipment industry.