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September 2006

Lincoln International Represents Dover Corporation in the Sale of its Fine Filtration Business

 

CHICAGO, September 5, 2006  Lincoln International today announced the sale of Dover Corporation's (NYSE: DOV) Ronningen-Petter Fine Filtration business (the Business) to Eaton Corporation (NYSE: ETN).  Lincoln International acted as exclusive financial advisor to Dover Corporation.

 

Based in Portage, Mich., the Business, a Dover Resources company, is a world leader in the design and manufacture of specialized filtration equipment used to filter fluids in a variety of process industries.  Products include mechanically-cleaned filters, backwashing filters, tubular filters, and replaceable bags and cartridges all sold under the industry leading Ronningen-Petter brand name.

 

Lincoln International worked closely with the senior management of Dover Resources to complete this transaction. Given the global nature of the process filtration business, Lincoln International professionals in both the U.S. and France collaborated on this assignment to create a global marketing process.  This transaction represents the 11th successful assignment by Lincoln International's industrial group in 2006.

 

We consider Lincoln International a valued partner, said Loren Armstrong, chief financial officer of Dover Resources.  The firm has become a trusted partner of ours, having assisted us with successful transactions in the past two years and continues to provide us with superior merger and acquisition counsel.

 

About Lincoln International

Lincoln International specializes in merger and acquisition services and private capital raising for leading organizations involved in mid-market transactions.  With offices in Chicago, Frankfurt, Los Angeles, New York and Paris, and strategic partnerships with China Everbright and other partner firms in Asia, Lincoln International has strong local knowledge and contacts in the key global economies.  The organization provides clients with senior-level attention, in-depth industry expertise, and integrated resources.  By being focused and independent, Lincoln International serves its clients without conflicts of interest.  More information about Lincoln International can be obtained at www.lincolninternational.com


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