Dover announces acquisition of LIQAL
LIQAL is a leading provider of LNG and hydrogen fueling solutions based out of the Netherlands. LIQAL is a leading provider of LNG and hydrogen fueling solutions based out of the Netherlands.
Dover has completed the acquisition of LIQAL, a turnkey supplier of liquefied natural gas and hydrogen refueling equipment and solutions, and micro liquefaction solutions. LIQAL is now part of the Dover Fueling Solutions.
Founded in 2014 and based in the Netherlands, LIQAL provides customers with innovative alternative fuel solutions that are currently being adopted, particularly in Europe. LIQAL’s mission has been focused on accelerating the decarbonization of fuels used in transportation.
“Adoption of alternative fuels for transportation is expected to grow and new fueling infrastructure projects increasingly require site digitalization and integration of various technologies. LIQAL’s turnkey and digital capabilities fit well with customer requirements and allowed us to become a leader in this growing segment,” said Jorg Raven, founder and managing director of LIQAL.
“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,” adds Raven.
“LIQAL brings a portfolio of LNG and hydrogen products and solutions, as well as significant innovation capabilities and proprietary technologies that will position DFS to support its customers who are actively investing in lower-carbon fuels,” said DFS President David Crouse.
Terms of the transaction were not disclosed.
