A Sample Dover Growth Story--- Electronic Components
SEC is a “typical” Dover story”
SEC originated with K&L acquisition in 1983
- Five acquisitions for $62 million, 1983-87 (largely defense electronics)
- Eight acquisitions for $97 million, 1992-97 (data/telecom/networking)
- Two acquisitions for $52 million since 1997
Focused product development / R&D / production investment throughout on datacom / telecom / networking markets -- which are 90% of the 2000 estimated revenue