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DFS ACQUIRES LNG, HYDROGEN FUELING SUPPLIER LIQAL B.V.

Dover Fueling Solutions (DFS) completed the acquisition of Liqal B.V., a turnkey supplier of liquefied natural gas (LNG) and hydrogen refueling equipment and solutions, and micro liquefaction solutions, the company announced.

Founded in 2014 and based in the Netherlands, Liqal provides customers with safe, efficient alternative fuel solutions that are experiencing robust adoption, particularly in Europe. The company’s mission has been focused on accelerating the decarbonization of transportation fuels. 

“Adoption of alternative fuels for transportation is expected to grow, and new fueling infrastructure projects increasingly require site digitalization and integration of various technologies,” said Jorg Raven, founder and managing director of Liqal. “Liqal’s turnkey and digital capabilities fit well with customer requirements and allowed us to become a leader in this growing segment. The LNG and hydrogen fueling industries will continue to grow in the coming years, and we are excited to join forces with DFS to bring to market our unique cloud-based monitoring and control system solutions tailored specifically for these alternative fueling applications.” 

Liqal brings LNG and hydrogren products and solutions that will position DFS to support customers who are investing in lower-carbon fuels, said DFS President David Crouse.

“With the acquisition of Liqal and our strategic partnerships with EV charging providers, DFS is well-positioned to help our customers adopt these prevailing alternative fuel options, which enhances our position as a preferred partner offering simple, safe and efficient end-to-end site experiences for consumers, as well as the convenience retail and fleet industries," Crouse said.

Terms of the transaction were not disclosed.