Hoover Container Solutions Acquires Dolphin Energy Equipment
NEW IBERIA, LA - Hoover Group Inc.’s subsidiary, Hoover Container Solutions (Hoover), has acquired Dolphin Energy Equipment LLC (Dolphin), a provider of cargo and waste management rental equipment and related consumables in the Gulf of Mexico region.
Headquartered in New Iberia, LA, with a distribution and service center in Port Fourchon, LA, Dolphin’s assets include a diversified fleet of cargo-carrying units certified to standards that include DNV and API regulations.
The combined company will supply chemical, cargo and waste-management tanks, baskets, containers and related accessories and services in the global energy marketplace.
Hoover’s Chief Executive Officer Donald Young said, “With operations in Louisiana, Houston, Norway, Australia, Brazil, Malaysia and Abu Dhabi, the Hoover footprint now covers nearly all the major oil and gas regions around the world. The combined Hoover-Dolphin fleet is one of the largest in the Gulf of Mexico region and makes Hoover one of the only worldwide companies to offer a full range of cargo-carrying units, including chemical, cargo and waste-management products to the Gulf of Mexico market. This acquisition puts us in a stronger position to leverage the upturn in the offshore industry.”
Donald Young, Chairman and Chief Executive Officer, and Paul Lewis, President and Chief Operating Officer of Hoover, will continue in their rolls in the combined entity. Chad Vidrine, President of Dolphin Energy Equipment, will become General Manager of Hoover’s new subsidiary, Hoover Offshore LLC. Robbie Monlezun will continue in his role as Regional Operations Manager of Hoover’s new distribution and service center in Scott, LA.
The corporate headquarters of the combined companies will be located in Houston, with distribution and service centers in Scott, New Iberia and Port Fourchon, LA.
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