Dover has acquired SPS Cryogenics B.V. and Special Gas Systems (SGS) B.V., boosting its OPW Clean Energy Solutions portfolio in the cryogenic sector.
Based in Heerhugowaard, the Netherlands, SPS and SGS provide vacuum-insulated piping systems for nitrogen, oxygen, carbon dioxide, and other industrial gases. This acquisition enhances OPW CES's global cryogenic gas flow control platform with additional products and a stronger European presence.
"This acquisition aligns with our recent acquisition of Demaco and supports OPW CES's growth strategy," said Kevin Long, President of OPW. "It expands our capabilities and diversifies our product portfolio to meet the rising global demand for clean energy."
The addition of SPS and SGS, along with recent acquisitions of Demaco and Marshall Excelsior, strengthens Dover's position in the cryogenic and industrial gas sectors, emphasizing their commitment to advanced technological solutions for customers.