US manufacturer of industrial products Dover said it has completed the acquisition of Dutch small-scale LNG tech firm Liqal for an undisclosed sum.
Liqal is now part of the Dover Fueling Solutions (DFS) operating unit within the company’s fueling solutions segment.
Founded in 2014 and based in the Netherlands, Liqal provides customers with alternative fuel solutions that are currently experiencing “robust adoption, particularly in Europe,” Dover said in a statement.
The firm builds LNG filling and hydrogen stations, as well as micro liquefaction plants.
“The LNG and hydrogen fueling industries will continue to grow in the coming years, and we are excited to join forces with DFS to bring to market our unique cloud-based monitoring and control system solutions tailored specifically for these alternative fueling applications,” said Jorg Raven, founder and managing director of Liqal.
DFS president, David Crouse said Liqal brings a portfolio of LNG and hydrogen products and solutions, as well as innovation capabilities and proprietary technologies that would position DFS to support its customers who are actively investing in lower-carbon fuels.
With the acquisition of Liqal and the company’s strategic partnerships with EV charging providers, DFS enhances its position as a “preferred partner offering simple, safe and efficient end-to-end site experiences for consumers, as well as the convenience retail and fleet industries,” he said.