Dover Acquires LIQAL For Undisclosed Sum

Dover Corp DOV has completed the acquisition of LIQAL B.V., a turnkey supplier of liquefied natural gas and hydrogen refueling equipment and solutions and micro liquefaction solutions. Deal terms were not disclosed.
LIQAL is now part of the Dover Fueling Solutions operating unit within Dover's Fueling Solutions segment.
Based in the Netherlands, LIQAL provides customers alternative fuel solutions currently experiencing healthy adoption, particularly in Europe.
Dover held cash and cash equivalents of $601.36 million as of June 30, 2021.
Price Action: DOV shares are trading higher by 1.30% at $164.62 on the last check Friday.