LIQAL has been acquired by Dover

October 2021 — Dover Corporation has acquired LIQAL, a turnkey supplier of liquefied natural gas and hydrogen refueling equipment and solutions, and micro liquefaction solutions. LIQAL will be part of the Dover Fueling Solutions operating unit.

Founded in 2014 and based in the Netherlands, LIQAL provides customers with the safe, efficient and innovative alternative fuel solutions that are currently experiencing robust adoption, particularly in Europe. LIQAL has achieved an exceptional track record as it works toward its mission of accelerating the decarbonization of fuels used in transportation. Its intelligent, integrated solutions offer high-quality standards, operating flexibility and a low total cost of ownership throughout the life span of asset operation.

Dover is a diversified global manufacturer and solutions provider. The company delivers equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: engineered products, fueling solutions, imaging and identification, pumps and process solutions, and refrigeration and food equipment.

Our role in the transaction

Oaklins’ team in the Netherlands was the exclusive M&A sell-side advisor to the shareholders of LIQAL.