Company Announcements

DOWNERS GROVE, Ill. , Jan. 27, 2025 /PRNewswire/ -- Advansor, part of Dover Food Retail and Dover (NYSE: DOV), today announced the launch of three innovations that set the bar for sustainable climate technology. With the introduction of the enhanced ValuePack CO₂ climate solution, the ValueBox Combi plug-and-play CO₂ heat pump, and the SteelXL CO₂ all-in-one climate solution, Advansor is providing the food retail, industrial, and energy industries with cutting-edge, energy-efficient solutions designed to meet diverse needs.

"We are proud to introduce our latest innovations, each of which represents a significant step forward in sustainable climate solutions," said Kristian Breitenbauch, Managing Director at Advansor. "The enhanced ValuePack, ValueBox Combi and SteelXL exemplify our commitment to delivering innovative, environmentally responsible technologies that enhance sustainability and promote energy efficiency."

These latest innovations include:

• Enhanced ValuePack CO₂ climate solution: A highly energy-efficient platform with increased capacity, supporting up to seven compressors in a single unit for cooling, freezing, air-conditioning and heating. It is designed for applications in food retail, cold storage, and light industrial uses. Its unique construction offers optimal energy usage while maintaining high performance standards, supporting businesses in reducing their carbon footprint and energy costs.
• ValueBox Combi plug-and-play CO₂ heat pump: A revolutionary, single factory-built and -tested unit that provides both heating and cooling, offering a sustainable alternative to traditional fossil fuel-based heating systems. With capacities from 200-700 kW and scalable up to 5 MW, it simplifies installation and supports businesses in their transition toward greener operations. This reversible heat pump is highly energy efficient as it reuses heat or cooling instead of producing it.  
• SteelXL CO₂ all-in-one climate solution: A robust industrial system offering comprehensive cooling, freezing, air-conditioning, and heating capabilities in a single unit. Designed for high efficiency and reduced costs, it operates entirely on natural CO₂, aligning with updated European Union greenhouse gas regulations. Incorporating the latest energy-saving technologies, the SteelXL demonstrates increased efficiency in its operations and is highly configurable with multiple options to meet even the most challenging demands.

For more information, please visit www.advansor.com.

About Advansor:

As a market-leading manufacturer, Advansor has designed and produced more than 16,000 CO₂ systems for sustainable commercial and industrial cooling and heating around the world since 2006. Many people associate CO₂ with global warming. At Advansor, we're cool with that. Literally. Because CO₂ is the most climate-friendly refrigerant. It is non-toxic, non-flammable and does not affect the ozone layer or harm our drinking water. That is why we are 'cool with CO₂.'

About Dover Food Retail:

Dover Food Retail, part of Dover Corporation with headquarters in Conyers, Georgia, is the partner to customers seeking to create unique food experiences. Employing the capabilities of our industry-leading brands, Advansor, Anthony and Hillphoenix, we are able to provide insight and a comprehensive portfolio of innovative solutions that enables our customers to sell more food, more profitably. Our ability to evolve with the ever-changing market demands is driven by our passion for understanding our customers' business and providing them with the best quality products and services they need to succeed both today and in the future. Our focused, forward-thinking approach, combined with the strength of our brands, sets the stage for streamlined product development, a broader product portfolio, and cutting-edge technology resulting in redefining what is possible for customers in the food retail value chain.

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. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.

Advansor Contact:
Lisette Lykke Hansen, CMO
+45 21 89 93 53
llh@advansor.com 

Dover Media Contact:
Adrian Sakowicz, VP, Communications    
(630) 743-5039    
asakowicz@dovercorp.com     

Dover Investor Contact:
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

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SOURCE Dover