PSG® Acquires Dositec Sistemas, Enhancing Hydro Systems’ Portfolio

CINCINNATI– July 1, 2021 – PSG®, an operating company of Dover Corporation, announced today that it has completed the acquisition of Dositec Sistemas S.L. (“Dositec”), a leading provider of dispensing systems for laundry, foodservice and commercial cleaning companies. Hydro Systems, part of PSG, has been an exclusive supplier of Dositec chemical management systems in North America since 2015.

“Dositec has been a valuable strategic partner of Hydro Systems since 2015, and we are excited to bring this leader in connected technology under Hydro’s portfolio of dispensing solutions,” said Karl Buscher, president of PSG. “This acquisition will enable future growth of connected systems and services that help our customers optimize their operations.”

Dositec’s commercial laundry systems are scalable, making them an ideal solution for washer extractors and tunnel washers of all sizes in industrial and on-premise laundries. Dositec’s focus on connected capabilities supports Hydro Connect, a cloud-based IoT platform from Hydro Systems that gives chemical providers and end users a detailed view of laundry alarms, production information, chemical and water usage, costs and more.

“This acquisition strengthens PSG and Hydro Systems as it enhances our product development capabilities and enables us to support more of our customers around the globe,” added John Goetz, global product manager, Hydro Systems. “We are excited for the future of the Dositec product line, which will simplify and improve the laundry process for our customers.”

Terms of the transaction were not disclosed.

About PSG:

PSG is a global pump and dispensing solution expert and leading manufacturer of pumps, systems and related flow-control technology for the safe and efficient transfer of critical and valuable fluids and materials. Headquartered in Oakbrook Terrace, IL, USA, PSG is comprised of several world-class brands, including Abaque™, All-Flo, Almatec®, Blackmer®, Ebsray®, em-tec, EnviroGear®, Griswold®, Hydro Systems, Mouvex®, Neptune™, Quattroflow™ and Wilden®. PSG products are manufactured on three continents, North America, Europe and Asia, in state-of-the-art facilities that practice lean manufacturing and are ISO-certified. PSG is part of the Pumps and Process Solutions segment of Dover Corporation. For additional information on PSG, please visit psgdover.com. PSG: Where Innovation Flows.

About Hydro Systems:

Based in Cincinnati, Ohio and with offices and support teams around the globe, Hydro Systems is a world leader in delivering chemical dispensing and dosing solutions including equipment, software and services. With strategic partnerships, innovative solutions and more than 50 years of experience, Hydro Systems is committed to enriching the lives of its customers by creating a cleaner, more sustainable world. Its products serve numerous dosing and dispensing applications within commercial cleaning, laundry, warewash, food service, industrial, irrigation, horticulture, animal health, and other industries. Hydro Systems helps its customers ensure dosing is always accurate, safe and cost effective, so that its customers can clean with confidence. For more information, visit www.hydrosystemsco.com.