Headquartered in Smithfield, New South Wales, Liquip is part of the McAleese Group.
David Crouse, president of OPW, said: “The acquisition of Liquip is another important step in the global growth strategy of OPW. Liquip significantly strengthens OPW’s fluid handling position in Australia and throughout Asia Pacific. By combining our products, we create a truly best in class product portfolio meeting the unique requirements of our chemical and industrial and tank truck customers.”
Liquip expects to deliver revenue of approximately US$40 million in 2014.
OPW, part of Dover’s Fluids segment, specialises in fluid handling, management, monitoring and control solutions for the handling and distribution of fuels and critical fluids.