Industry News

Markem to Be Acquired by Dover Corporation

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover Corporation announced that its Dover Technologies subsidiary has signed a definitive agreement to acquire Markem Corporation. The deal is expected to close in late September 2006. With annualized sales of about $290 million, Markem will report to Dover Technologies and operate as an independent company in conjunction with DTI’s Product Identification Group, which would then have annualized revenue over $800 million. “We are excited to have the opportunity to acquire Marke...

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