Dover to acquire India’s Leistung Engineering

Dover Corporation has announced a definitive agreement to acquire India's Leistung Engineering Pvt. Ltd., a company specializing in the design and manufacture of cryogenic valves, including globe, check, and control valves for liquefied natural gas, industrial gas, and other low-temperature applications. The acquisition, which will integrate Leistung into OPW Fluid Transfer Solutions within Dover’s Clean Energy & Fueling segment, is expected to close in the fourth quarter following completion of customary closing conditions.

With this acquisition, Dover aims to strengthen its presence in the Indian market, expand its global manufacturing footprint, and advance its capabilities in cryogenic solutions, ultimately delivering greater value to customers worldwide.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.