Dover Corp. (NYSE: DOV) has closed a deal for Finder SpA for $145 million.
Finder, headquartered in Merate, Italy, manufactures centrifugal, screw, vacuum and piston pumps for the oil and gas, power generation and industrial sectors. The company will be added to Dover’s pump solutions group. The deal was originally announced in August.
Downers Grove, Ill.-based Dover is a diversified manufacturing company that distributes equipment, including parts and specialty systems. In November 2012, the company bought Anthony International.
The target was sold by FA Capital, a Milan, Italy-based private equity firm that is also invested in ACC, a component manufacturer, and Bianchi Vending Group, which makes vending and coffee machines.
Julien Darmon, Alex Murrill and Bill Roman from Harris Williams & Co. provided financial advice to Finder on the deal.