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OPW Completes Acquisition of Liquip
OPW COMPLETES ACQUISITION OF LIQUIP
Cincinnati, OH, August 25, 2014 - OPW, a global leader in fluid-handling solutions and a business unit within Dover's (NYSE: DOV) Fluids segment, today announced that it has completed the previously announced acquisition of Liquip International ("Liquip") headquartered in Smithfield, NSW, Australia.
About Dover:
Dover is a diversified global manufacturer with annual revenues of $8 billion. We deliver innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for nearly 60 years, our team of over 28,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available on the company's website at www.dovercorporation.com.
About OPW:
OPW is a global leader in fluid handling, management, monitoring and control solutions for the safe and efficient handling and distribution of fuels and critical fluids. OPW designs and manufactures retail service station equipment, CNG, Hydrogen, and LPG nozzles and accessories, electronic tank gauge systems, fleet fuel control systems, car wash systems, loading arms, valves and dry-break couplings, tank truck equipment, and rail car valves and equipment. OPW has 1,650 employees with manufacturing operations in North America, Europe, Brazil, China and India and sales offices around the world. Additional information is available on the company's website at www.opwglobal.com.
About Liquip:
Liquip is a leading provider of innovative fluid handling solutions, such as market leading API bottom loading couplers, loading arms, tank truck valves and fittings, electronic measurement systems for tank trucks, fuel filtration systems, and aviation fueling components and services. Additional information is available on the company's website at www.liquip.com.
CONTACT:
Keith Moye
Vice President - Global Marketing
(513) 870-3305