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Dover Announces Acquisition Of Solaris Laser S.A.

By ET Bureau - August 21, 2020 1 Mins Read

Dover Announces Acquisition Of Solaris Laser S.A.

Expands Laser Technology Offerings of Marking and Coding Solutions Business

Dover announced today that it has completed the acquisition of Solaris Laser S.A. (“Solaris”), which is now part of the Markem-Imaje business unit, a trusted global manufacturer of product identification and traceability solutions within Dover’s Imaging & Identification segment.

Based in Europe, Solaris supplies advanced fiber, ultraviolet and CO2 laser systems used for product marking and coding in industrial and packaging applications across a broad range of end markets. Solaris has served the marking and coding industry for over 25 years.

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The acquisition of Solaris enhances Markem-Imaje’s laser technology product line and further strengthens its position as a leading provider of identification and traceability equipment and solutions. This product line expansion will enable Markem-Imaje to better address growing customer demand for laser coding technologies, which offer reliability and productivity advantages that are important in certain applications.

Terms of the transaction were not disclosed. This transaction meets Dover’s strategic and financial criteria for acquisitions and reflects Dover’s commitment to deploying capital in close-to-core markets that offer the potential for sustainable, profitable growth, where Dover can create value for shareholders.


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