
POELLATH advises SIKORA AG on the sale to Dover Corporation
Munich/ Bremen — The US industrial group Dover Corporation (“Dover”) has acquired SIKORA AG
(“SIKORA”), a leading provider of measuring and control technologies. Upon completion of the transaction, SIKORA will be integrated into Dover’s MAAG Group operating unit within the Pumps & Process Solutions segment. The acquisition of SIKORA is in line with Dover’s strategy to acquire synergetic, growth and margin-enhancing companies within its core businesses. POELLATH advised SIKORA on the legal and tax aspects of the sale.
Bremen-based SIKORA AG is a leading provider of precision measuring, inspection and control solutions for production processes in the wire and cable, hose, tube, sheet, fiberglass and plastics industries. The company’s solutions enable its customers to ensure the highest quality and longevity of their end products while increasing cost efficiency, process optimization and compliance for quality assurance. With the global shift to electrical technologies, the company is becoming increasingly important — especially in fast-growing areas such as
data centers. SIKORA employs more than 25,000 people and has recorded organic growth in the double-digit percentage range over the past three years.
Dover is a globally active, diversified industrial group with around 24,000 employees. The company offers innovative machines, components, consumables, software solutions and services in five business areas, including Clean Energy & Fueling and Climate & Sustainability Technologies.
Consultant SIKORA AG: POELLATH
Otto Haberstock, M.C.J. (NYU) (Partner, Lead, M&A/PE, Munich)
Dr. Barbara Koch-Schulte (Partner, M&A/PE, Munich)
Dr. Michael Best (Partner, Tax, Munich)
Dr. Nico Fischer (Partner, Tax, Munich)
Timo Winkelmann, LL.M. (Partner, Real Estate Transactions, Berlin)
Gerald Herrmann (Associated Partner, Tax, Munich)
Dr. David Hötzel, LL.M. (San Diego) (Associated Partner, Tax, Berlin)
Dr. Andreas Reuther (Associated Partner, Employment Law, Munich)
Daniel Wiedmann, LL.M. (NYU) (Associated Partner, Antitrust, Frankfurt aM)
Dr. Puya Rezai Hariri, LL.M. (Counsel, Real Estate Transactions, Berlin)
Daniel Zhu (Counsel, M&A/PE, Munich)
Dr. Klara Bothe, LL.M. (Senior Associate, Real Estate Transactions, Berlin)
Marina Hennings, LL.M. (Senior Associate, Real Estate Transactions, Berlin)
Angelina Seelbach, LL.M. (Columbia) (Senior Associate, M&A/PE, Munich)
Daniel Hoppen (Senior Associate, Antitrust, Frankfurt aM)
Moritz Löffler, LL.M. (Senior Associate, M&A/PE, Munich)
Jannis Lührs (Senior Associate, Tax, Munich)
Cornelius L. Roth (Senior Associate, Tax, Munich)
Florentine Wagner (Associate, M&A/PE, Munich)
Rudolf Kanter (Associate, Tax, Munich)
Dr. Maximilian Link (Associate, M&A/PE, Munich)
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