Dover signs deal to buy India-based cryogenic valve maker Leistung
DOV•Dover to acquire Leistung Engineering
Dover agreed to buy Leistung Engineering, adding an India-based maker of cryogenic valves to OPW Fluid Transfer Solutions.
Leistung designs and manufactures cryogenic flow-control products for LNG and industrial-gas applications.
India manufacturing hub tied to LNG demand
The Ahmedabad facility is set to become a manufacturing hub for Dover in India, targeting demand tied to LNG terminals.
Closing is expected in the fourth quarter, subject to customary conditions; financial terms were not disclosed.
