Dover gets Colder

Colder Products Company has been acquired by Dover Electronics, a subsidiary of Dover Corp.

Colder Products Company has been acquired by Dover Electronics, a subsidiary of Dover Corp.

Colder will join the Components Group within Dover Electronics.

With the acquisition, Colder will join other Dover companies such as Dialectric Laboratories, Novacap and Kurz-Katsch as a designer and manufacturer of highly engineered product solutions for a range of industries including medical, biopharmaceutical, automotive, military and instrumentation.

"As a founder of Colder and its current Chairman, I am pleased with the company's transition to Dover and enthused that Dover's philosophy and culture of operating company autonomy will encourage the Colder management team to continue their practice of technical innovation and customer focus", said Mike Lyon.

"As a part of Dover Corporation, Colder will be able to make further investments into growth areas such as RFID and the biopharmaceutical market, as well as further strengthen its presence in life sciences".

"I look forward to playing a key role in this development", states Gary Rychley, President of Colder Products Company.

"Colder excels in offering value solutions for demanding applications to their customers and will be a great complement to our other Component Companies", said Bob Livingston of Dover Electronics, who will have oversight responsibility for Colder.

"Colder has a very strong management team and a culture of service and innovation whose strong presence in life sciences/medical applications offers opportunities for continued growth".

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