Harald Sikora, Managing Director of Sikora Holding GmbH+Co. KG, founded the company Sikora in 1973. Since then, Sikora has continuously developed, opened up new markets and has grown steadily. With around 450 employees in Bremen and its 13 international subsidiaries, the company offers innovative solutions and customized customer service.

"With the MAAG Group, we have found our ideal partner for the future," summarizes Harald Sikora and is confident that the company is in capable hands: "Sikora and MAAG are connected by more than just a strategic goal: we share core values - innovative strength, entrepreneurial spirit, sustainable thinking and the clear pursuit of long-term success. We are therefore convinced that in the MAAG Group we have found the right partner for further growth and to continue our success story together."

Commenting on the acquisition, Ueli Thuerig, President MAAG Group, said, “Sikora’s outstanding products address similar customer needs in resin-related markets to ours, and its offerings provide MAAG with increased exposure to highly-attractive market adjacencies where we have existing industry knowledge and customer relationships. Our shared capabilities and go-to-market strategies will generate material cross-selling benefit with a highly complementary portfolio of products and technologies, deepening our joint value proposition and integration with our OEM partners and end customers.”

The cooperation between the MAAG Group and Sikora AG opens up a wide range of technological and geographical synergies. Sikora's expertise in measuring and control technology ideally complements the MAAG Group's portfolio in the areas of pump, filtration and pelletizing systems. The regional proximity also offers advantages: Both companies are represented with strong locations in the DACH region and are broadly positioned internationally. This results in valuable, shared strengths and the opportunity to provide customers with even more comprehensive support and offer new solutions.

Personnel continuity in the management of Sikora AG
In the new constellation, company founder Harald Sikora will remain associated with Sikora AG in an advisory capacity. The partners also rely on continuity with regard to the operational management at Sikora. The long-standing Management Board of Sikora AG will continue to be responsible for the company's growth story in the future. CEO Dr. Christian Frank has been a member of Sikora's Management Board for 12 years and has been Chairman of the Management Board since 2015. Dr. Frank, who holds a doctorate in industrial engineering, has proven management expertise in the aerospace and mechanical engineering industries. Holger Lieder has been working in sales at Sikora for 21 years and took over the position of Director Sales with responsibility for global sales in 2010. In 2023, he was appointed to the Management Board of Sikora AG.

Dr. Christian Frank, CEO of Sikora, adds, “The partnership with the MAAG Group is a strong sign for our future: for Sikora, for the Bremen location, and for our global team. We have achieved great things over the past decades. Now a new chapter is beginning in which we can contribute our strengths and continue to grow with MAAG. For our employees, this transaction means security, new perspectives, and the opportunity to continue our success story together.”

The transaction is subject to customary closing conditions, including receipt of regulatory approvals and is expected to close in the second quarter of 2025.

Sikora AG
Bruchweide 2
28307 Bremen
Germany
Tel.: +49 421 48900-0
sales@sikora.net
www.sikora.net

About Sikora
Technologies of the future – that is Sikora's trademark. Originally known for measuring devices for the industrial production of wires and cables, the company has continuously developed over the past 52 years. As one of the leading manufacturers of measuring and control technology as well as inspection, analysis and sorting systems, Sikora sets standards with innovative solutions for quality assurance, process optimization and cost savings in many industrial sectors. With around 450 highly qualified employees at its headquarters in Bremen/Germany and its 13 international subsidiaries, Sikora provides customized customer service that meets the needs of the markets. The company lives the culture of innovation, pioneering spirit and perfection. SIKORA's experts continuously research and develop pioneering technologies that make production processes more efficient and economical. SIKORA's success is measurable: in the success of its customers.

About the MAAG Group
The MAAG Group is a broadly diversified global solutions provider with integrated and customizable systems in process technology for the polymer, chemical and petrochemical industries. Its Pump+Filtration Systems, Pelletizing+Pulverizing Systems, Recycling Systems and Digitalization divisions consolidate the many years of experience and in-depth know-how of the AMN, Automatik, Ettlinger, Gala, MAAG, Reduction, Scheer, Witte and Xantec product brands. The MAAG Group currently employs over 1,250 people at production sites in Switzerland, Germany, Italy, France, the USA, and China. Additional sales and service centers in France, Taiwan, Malaysia, India, Thailand and Brazil ensure close attention to customers’ needs. For more information visit www.maag.com. The MAAG Group is a business unit of Pumps+Process Solutions, a segment of the Dover Corporation.

About Dover
Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy+Fueling, Imaging+Identification, Pumps+Process Solutions and Climate+Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. www.dovercorporation.com