OPW Announces Acquisition of SPS Cryogenics B.V. and Special Gas Systems (SGS) B.V.

By OPW | Aug 12, 2024

HAMILTON, OHIO – Aug 12, 2024 – OPW is pleased to announce that it has completed the acquisition of SPS Cryogenics B.V. and its affiliated business, Special Gas Systems (SGS) B.V. (together, “SPS-SGS”). The SPS-SGS team will be joining the OPW Clean Energy Solutions business.  Headquartered in Heerhugowaard, the Netherlands, ﷟SPS-SGS is a leading developer of pipeline systems and ancillary equipment for use in cryogenic applications.

“The creation of handling, transfer and storage systems for cryogenics liquids is at the heart of what we do at OPW Clean Energy Solutions, which makes SPS-SGS an attractive choice to add to our family of product brands,” said Kevin Long, President of OPW. “With the SPS Cryogenics side of the business specializing in vacuum-insulated pipeline systems and SGS dedicated to the development of gas panels and systems, the companies will integrate seamlessly into our lineup of product brands, including our most recent acquisition of Demaco.”

Since its founding more than 25 years ago, SPS Cryogenics has developed complete vacuum-insulated pipeline systems that feature super-insulated tees, elbows, phase separators, sub coolers, valves and flexible hoses, making them a first-choice solutions provider for the handling of a wide array of industrial gases, including LNG, CO2, liquid argon (LAR), liquid nitrogen (LIN) and liquid oxygen (LOX). In 2012, Special Gas Systems (SGS) was established as a sister company to SPS Cryogenics and since then has built a reputation as a leading producer of cryogenic pipe systems, with an emphasis on gas panels and systems.

To learn more about the recent clean energy acquisitions within OPW Clean Energy Solutions, please visit opwglobal.com/expanding-horizons.

About OPW Clean Energy Solutions

OPW Clean Energy Solutions was formed in December 2021 when OPW acquired both ACME Cryogenics and RegO® Products. ACME is a leading provider of mission-critical cryogenics products and services that facilitate the production, storage and distribution of cryogenics liquids and gases. RegO is a leading provider of highly engineered flow control solutions for cryogenic and liquified gas end markets. Together, they are taking OPW beyond conventional fueling solutions and helping define what’s next for alternative energy markets. For more information on OPW Clean Energy Solutions, please visit www.opwces.com.

About SPS Cryogenics-Special Gas Systems (SGS) (SPS-SGS)

SPS Cryogenics (Special Pipe Systems) has been serving the cryogenics industry for many years. With more than 40 years of experience, our staff designs, manufactures and supplies complete vacuum-insulated pipeline systems worldwide. For all kinds of liquid gases like: LIN, LOX, LAR, LNG, CO2 and many more. In 2012 Special Gas Systems (SGS) was established as a sister company of SPS Cryogenics to complement the production of cryogenic piping systems with trade in loose parts, "specials" and gas panels / systems. At SGS we work in a young and dynamic team using the latest developments in the field of stock management and business processes. Our aim is to offer customer-specific solutions.

 

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