Headquartered in Ahmedabad, India, Leistung specializes in the design and manufacture of cryogenic valves, including globe, check and control valves engineered for liquefied natural gas, industrial gas, and other low-temperature applications, along with a complementary portfolio of diaphragm valves, filtration systems, and related products.
Leistung has driven double-digit organic growth over the past three years through continuous research and development, new product introductions, and a talented engineering workforce.
Leistung’s modern facility will serve as a highly strategic manufacturing hub for Dover in India and is well positioned to capitalize on robust investments in LNG terminals and natural gas pipeline infrastructure in the country, which are driving sustained demand for cryogenic flow control solutions.
The facility has substantial capacity for future operational expansion opportunities.
“This acquisition strengthens our ability to serve the rapidly growing Indian market while expanding our global manufacturing footprint and advancing our capabilities in cryogenic solutions, positioning OPW to deliver greater value to customers worldwide,” stated David Malinas, President of OPW.
The transaction is expected to close in the fourth quarter following satisfactory completion of customary closing conditions. The terms of the transaction were not disclosed.
