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OPW acquires Fibrelite, KPS in separate transactions

OPW, an operating unit within Dover Corporation’s Energy segment, and global leader in fluid handling solutions, announced it has acquired UK-based Fibrelite, a leader in composite access covers and containment systems for retail fueling sites and Sweden-basedKungsors Plast AB (“KPS”), a leader in high density polyethylene (HDPE) fusion piping systems for retail fueling sites. Terms of each transaction were not disclosed.   

“The combination of three of the most respected brands in the retail petroleum industry, OPW, KPS, and Fibrelite creates an unprecedented portfolio of complementary best-in-class products,” says David Crouse, OPW president. “This enables us to provide our customers with the best solution available, supplied and supported from a single source, anywhere in the world. By leveraging each company’s strengths, we create the best team to develop even more innovative solutions to address the evolving needs of our global customer base.”

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