Dover Puts Up $603M For Glass Door Maker From Avista

Law360, New York (November 30, 2012, 8:41 PM EST) -- Industrial manufacturer Dover Corp. on Friday announced the purchase of commercial glass door maker Anthony International from private equity firm Avista Capital Partners for $602.5 million.

Sylmar, Calif.-based Anthony, which makes commercial glass refrigerator and freezer doors, case lighting systems, specialty glass and display and merchandising systems, will become part of the refrigeration and industrial platform of Dover's engineered systems segment, according to Dover.

The deal will allow Dover to take its existing refrigeration business into new markets, according to Dover President and CEO Bob Livingston....
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