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Dover Acquires Ravaglioli S.p.A. Group

Acquisition expands Vehicle Service Group’s product breadth and served markets.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Dover announced that it has acquired Ravaglioli S.p.A. Group, a global automotive service equipment manufacturer, for a purchase price of €245 million (approximately USD$274 million). Ravaglioli will become part of Dover’s Vehicle Service Group (VSG), a business unit within its Engineered Systems segment.
 
Headquartered in Bologna, Italy, Ravaglioli is a leading manufacturer of automotive service equipment, including automotive lifts, tire and wheel service equipment and diagnostic equipment for cars, trucks, commercial vehicles and motorbikes.
 
“We are very pleased to welcome the highly respected Ravaglioli team to Dover,” said Robert A. Livingston, president and CEO of Dover. “Ravaglioli’s products will significantly broaden our capabilities and reach as we expand into attractive product adjacencies like tire and wheel equipment.”
 
Ravaglioli has manufacturing operations in Italy and more than 650 employees across the region. Annual revenue for Ravaglioli in 2016 is estimated to be approximately €150 million (approximately USD $165 million).

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