SIKORA has been sold to Dover

SIKORA AG

Founded in 1973, SIKORA is a market leader and hidden champion in measurement, inspection and control technology systems for a wide range of industries. Headquartered in Bremen, the company offers innovative solutions and customer-centric service with roughly 450 employees and 13 international subsidiaries. The company, which has grown at a double-digit organic growth rate over the last three years with a robust outlook, generated approximately Euro 100 million in revenue in 2024.

The Deal

Lincoln International acted as the exclusive M&A advisor to the shareholders of SIKORA in the company’s succession planning and sale process. The founder and management of SIKORA sold their shares to Dover Corporation for Euro 550 million in cash, subject to customary adjustments. SIKORA will become part of Dover’s MAAG operating unit within Dover’s Pumps & Process Solutions segment. Dover and MAAG are committed to supporting SIKORA’s future growth strategy and continuing its success story.

Our Perspective

Dr. Michael Drill, Lincoln International Managing Director and CEO of Germany who led the transaction, commented, “The transition from operating as a founder-owned company to joining a reputable international corporate group emphasizes Lincoln’s expertise in advising on complex succession planning transactions. It is another example of Lincoln’s ability to provide customized merger and acquisition solutions for leading industrial technology companies.”

MAAG Group

The MAAG Group is a globally active and broadly diversified solution provider with integrated, customizable systems in process technology for the polymer, chemical and petrochemical industries. Today, the MAAG Group employs over 1,700 people at production sites in Switzerland, Germany, France, Italy, the US and China. The MAAG Group is a business unit of Pumps & Process Solutions, a segment of Dover Corporation.

Dover Corporation

Dover is a diversified global manufacturer and solutions provider with annual revenues of over $7 billion. The company delivers innovative equipment and components, consumables, spare parts, software and digital solutions and support services through five business units: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead in the markets it serves. The team of approximately 24,000 employees has been recognized for its entrepreneurial approach for over 70 years. Dover is listed on the New York Stock Exchange.

www.lincolninternational.com/transactions/sikora-has-been-sold-to-dover/