Benzinga | Oct 15, 2021 10:40AM EDT

Dover Acquires LIQAL For Undisclosed Sum

* Dover Corp (NYSE: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.