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Ravaglioli Partners with TEXA to Expand Automotive Workshop Offering

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Ravaglioli, part of Dover (NYSE: DOV), announced a strategic technical agreement with TEXA on December 21, 2021. This collaboration aims to enhance automotive workshop offerings through integrated diagnostic technologies, addressing modern vehicle challenges. The partnership builds on prior work in radar and camera calibration, positioning both companies to leverage their unique strengths in the automotive equipment sector. This agreement is expected to bolster innovation and improve service capabilities across Ravaglioli's and TEXA's offerings.

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  • Strategic alliance with TEXA aims to enhance automotive workshop capabilities.
  • Partnership expected to strengthen innovations in automotive equipment.
  • Combines electronic and mechanical competencies to improve service technology.
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DOWNERS GROVE, Ill., Dec. 21, 2021 /PRNewswire/ -- Ravaglioli, part of Vehicle Service Group (VSG) and Dover (NYSE: DOV), announced that it has signed a technical agreement with TEXA, a leader in the design, industrialization and construction of diagnostic tools and devices for remote diagnosis, to expand its automotive workshop offering and collaborate on new product development with combined technologies.

Ravaglioli and TEXA have already been working together in the field of radar and cameras calibration. The new agreement enables Ravaglioli to offer expanded automotive workshops designed to respond to the challenges that have been introduced by new generations of vehicles. This enhanced collaboration is expected to further strengthen the leadership of both companies in innovation and research across the automotive workshop equipment sector.

"The significant technological changes taking place in the automotive field and the consequent challenges we are facing, require an innovative approach to offer our customers integrated solutions. The strategic alliance with TEXA, extended to all VSG EMEA companies, will allow us to face these challenges together," said Simone Ferrari, Ravaglioli President and General Manager of VSG EMEA.

"TEXA and Ravaglioli each have been successful in focusing on a specific and complementary know-how. The integration of our electronic competencies with the Ravaglioli mechanical and alignment solutions will offer automotive workshops the best equipment to face the future of vehicle service and repair," said Bruno Vianello, President of TEXA.

About Ravaglioli:

Ravaglioli S.p.A. is one of the largest companies in the garage equipment sector. Founded in 1958 to build equipment for lifting vehicles, Ravaglioli has expanded its offer over the years, becoming the first lifts manufacturer in Europe and one of the major companies in the production of equipment for tire service and diagnostics (vehicle control and wheel alignment).

Ravaglioli is a Vehicle Service Group (VSG) brand and part of Dover's Engineered Products segment. VSG comprises 13 major vehicle lift, wheel service, diagnostic and collision repair brands: Rotary, Chief Collision Technology, Forward Lift, Direct Lift, Warn Automotive, Ravaglioli, Hanmecson, Elektron, Blitz, Nogra, Butler, Space and Sirio. With its American headquarters in Madison, Indiana, VSG has operations worldwide, including ISO 9001-certified manufacturing centers in North America, Europe and Asia.

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, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 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.

VSG Contact:
Wolf-Erik Schmitt
+49.176.11923374
wschmitt@vsgdover.com

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

Dover Investor Contact:
Andrey Galiuk, VP, Corporate Development and Investor Relations   
(630) 743-5131   
agaliuk@dovercorp.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ravaglioli-partners-with-texa-to-expand-automotive-workshop-offering-301449153.html

SOURCE Dover

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