Destaco To Become Part of Stabilus Group – Industry Will Benefit From Expanded Portfolio of Motion Control Solutions

Koblenz, April 2, 2024 – The Stabilus Group – one of the world’s leading suppliers of motion control solutions for a wide range of industries – has completed its acquisition of Destaco, an industrial automation specialist headquartered in Auburn Hills, Michigan, United States. The company was acquired from Dover Corporation, a globally diversified industrial concern that’s also headquartered in the United States.

After an intensive review of strategic fit, both companies signed the purchase agreement on October 11, 2023. Since then, all regulatory approvals have been obtained, and Stabilus SE has acquired 100% of Destaco effective today.

Complementary products, integrated solutions

The two partners’ portfolios are complementary. Most importantly, they can be combined to create comprehensive solutions for industrial companies. Whereas products from the Stabilus Group allow for controlled motion sequences and precise vibration isolation, Destaco’s strengths are manual clamps, power clamps and end-of-arm tools for robots, and grippers and indexers for automation.