Dover manages approximately 40 companies that make equipment ranging from car wash systems to aerospace components. Dover operates in four segments: Electronic Technologies; Engineered Systems; Fluid Management; and Industrial Products. The company maintains a highly decentralized management culture; with a president for each division as well as for each subsidiary company. It has kept up a long-term acquisition and divestment strategy; participating in several transactions per year. The diversification means that while Dover might benefit from some changing economic tides; it may be negatively impacted concurrently by others.
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