HOUSTON – Hoover Container Solutions (Hoover), a provider of chemical tanks, cargo carrying units, and related products and services, has entered into an agreement to partner with First Reserve, a private equity firm focused on energy.
One of the global industry leaders in oilfield fluids container solutions, Hoover operates worldwide through 15 facilities in North and South America, Europe, Australia, the Middle East, and Southeast Asia. The company has a rental fleet of approximately 40,000 stainless steel intermediate bulk containers (IBCs), 8,000 cargo carrying units and more than 15,000 slings, GPS asset tracking units, and other peripheral equipment.