- Dover (DOV) has agreed to sell its Zurich-bsaed DEK Printing Machines unit to Hong Kong listed ASM Pacific Technology (ASMVF) for an initial $170M and another contingent payment of $30M.
- DEK provides materials deposition technologies and support services, including printing-equipment platforms, stencils, precision screens and mass imaging processes used primarily in the electronics industry.
- The deal, which is expected to close in mid-2014, is the latest in a series of transactions that Dover has been carrying out. Others include the spin-off of the company's Knowles unit and the sale of two business lines to LTX-Creedence. (PR)
From other sites
at CNBC.com (Dec 8, 2014)
at CNBC.com (Dec 5, 2014)
at CNBC.com (Nov 21, 2014)
at CNBC.com (Feb 3, 2014)
at CNBC.com (Sep 5, 2013)
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