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U.S. industrial conglomerate Dover Corp. said it has acquired Production Control Services Inc., a maker of tools used in oil and gas production, for $220 million.
The deal will be slightly dilutive to 2012 earnings from continuing operations, Dover said.
Frederick, Colo.-based Production Control Services had 2011 revenue of about $90 million, and makes artificial lift products that are used in oil and gas production.
