Destaco Company Profile: Ownership, Figures and Products
Updated: 7 days ago
Destaco makes clamps, grippers and positioning components for automated production, and has been owned by the German group Stabilus since March 2024. It was part of Dover Corporation for more than sixty years before that. This profile sets out its ownership, figures and products.
Destaco at a Glance
Fact | Detail |
Company | Destaco (De-Sta-Co) |
Headquarters | Auburn Hills, Michigan, USA |
Revenue | About USD 213 million in 2022 |
Employees | About 650 |
Locations | 13, in the United States, Europe, India, China and Thailand |
Owner | Stabilus, since March 31, 2024 |
Previous owner | Dover Corporation, from 1962 |
Purchase price | USD 680 million |
Ownership
Destaco became part of Dover Corporation, the American industrial group, in 1962. Dover sold it to Stabilus for USD 680 million in a deal that closed on March 31, 2024. Stabilus is a motion control company based in Koblenz, Germany, listed in Frankfurt and a member of the MDAX index; it bought Destaco to build up its industrial automation business.
Products
Group | Products |
Clamping | Manual and power clamps for workholding |
Gripping | Grippers for robots and machines |
Positioning | Conveyors, rotary positioners and other linear and rotary positioning systems |
Robotic tooling | End effectors and tooling components |
Remote handling | Equipment for handling materials in hazardous environments |
Industries served include consumer products, packaging, aerospace, automotive, life sciences and nuclear.
Can You Invest in Destaco?
Not directly. Its parent, Stabilus, is listed on the Frankfurt Stock Exchange. This is general information, not investment advice.
Strengths and Challenges
Strengths
A long-established name in clamping and workholding.
A wide spread of industries and 13 sites on three continents.
A parent that is investing in automation.
Challenges
Integration into a new owner after six decades with Dover.
Exposure to automotive production.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 9 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
Destaco FAQ
Who owns Destaco?
Stabilus, which bought it from Dover Corporation for USD 680 million in a deal that closed on March 31, 2024.
Where is Destaco based?
In Auburn Hills, Michigan.
What does Destaco make?
Clamps, grippers, positioning systems, robotic tooling and remote handling equipment.
How big is Destaco?
About USD 213 million in revenue in 2022, with around 650 employees at 13 locations.
How long was Destaco part of Dover?
From 1962 until 2024.
Sources
Houlihan Lokey: advises Stabilus on Destaco
