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Dover Acquires XanTec

XanTec is a developer and supplier of automation and control solutions for industrial machinery. Terms of the deal were not disclosed.

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By: Anthony Locicero

Copy editor, New York Post

Dover announced that it has completed the acquisition of XanTec Steuerungs- und EDV-Technik GmbH, a developer and supplier of automation and control solutions for industrial machinery of all types with a particular focus on plastic and polymer processing machines across the globe. 
 
XanTec now becomes part of the Maag Group, a global provider of integrated and customizable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical and food industries within Dover’s Pumps & Process Solutions segment. 
 
Based in Germany, XanTec uses planning and design, programming and manufacturing processes, and has historically collaborated extensively with Maag. 
 
Services offered by XanTec also include start-up assistance, technical monitoring of installations, preventive maintenance and remote access and diagnostics of systems.
 
The acquisition enhances Maag’s automation solutions offering with an Internet of Things-enabled technology and positions Maag to grow its presence in aftermarket, remote service and monitoring solutions for the polymer processing and related markets. 
 
Terms of the transaction were not disclosed.

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