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PSG acquires Dositec Sistemas, enhancing Hydro Systems' portfolio
PSG, an operating company of Dover Corporation, has completed the acquisition of Dositec Sistemas S.L. (Dositec), the 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," says Karl Buscher, president of PSG. "This acquisition will enable future growth of connected systems and services that help our customers optimise 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. The company'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.
John Goetz, global product manager, Hydro Systems, says of the tie-up: "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.
"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.
8th July 2021