August 19, 2024 [Tank Storage]- OPW have announced that it has completed the acquisition of SPS Cryogenics and its affiliated business, Special Gas Systems (SGS). The SPS-SGS team will be joining the OPW Clean Energy Solutions business. Headquartered in Heerhugowaard, the Netherlands, SPS and SGS is a leading developer of pipeline systems and ancillary equipment for use in cryogenic applications.

Kevin Long, president of OPW, says: ‘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. 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.’

Founded 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).

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