Headquartered in North Hollywood, California, Cryo-Mach serves customers in the industrial gas market and cryogenic applications, such as liquified oxygen, argon, and nitrogen.
Cryo-Mach's products will expand Dover's participation in cryogenic applications, and allows further participation in the industrial gas and transportation markets. The acquisition also expands PSG's core portfolio with cryogenic centrifugal pump technology while further diversifying PSG within the cryogenic end market.
“We are thrilled to add Cryo-Mach to our best-in-class portfolio of pump businesses,” said Karl Buscher, president of PSG. "This acquisition strengthens PSG's position within cryogenics and is consistent with our strategic approach of expanding our core and securing access to adjacent markets that enable sustainable, profitable growth."
Headquartered in Downers Grove, Illinois, PSG’s brands include Abaque, All-Flo, Almatec, Blackmer, Ebsray, Em-tec, Griswold, Hydro, Malema, Mouvex, Neptune, PSG Biotech, Quantex, Quattroflow and Wilden. PSG is part of Dover’s Pumps & Process Solutions segment.