Dover Acquires LIQAL For Undisclosed Sum

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  • 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.
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