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Hoover Container Solutions Acquired The Assets of Tote Systems LLC in The United States

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Core prompt: Hoover Container Solutions (“Hoover” or the “Company”), a subsidiary of Hoover Group, Inc., has acquired the assets of Tote Systems LLC,

Hoover Container Solutions (“Hoover” or the “Company”), a subsidiary of Hoover Group, Inc., has acquired the assets of Tote Systems LLC, Liquid Division (“Tote Systems”), a provider of stainless steel intermediate bulk containers (“IBC”) in the United States.

Headquartered in Fairhope, Ala., with offices in Nashville, Tenn., and Burleson, Texas, Tote Systems’ assets include a fleet of 350 and 550 gallon stainless steel IBC’s as well as various custom designed stainless steel units.

As a longtime leader in the IBC industry, Hoover will continue to provide an extensive product range and robust customer services to Tote Systems’ customers across the region. Customers will now have access to Hoover’s full range of products including standard and customized IBCs, containment basins, stands, transport frames and bottle racks, offshore chemical tanks and ISO tanks, standard and specialized baskets, cutting boxes and waste skips, dry goods containers, slings, trash compactors, food disposal units and various other related products and services including tank cleaning, technology and transportation.

“We are excited to acquire the impressive fleet that Van, Palmer and Robert Finger and the Tote Systems team have built over the last four years,” said Donald Young, Hoover’s chief executive officer. “This acquisition continues Hoover’s strategy to expand its rental fleet and offer additional high quality products and excellent service to our customers.”

ABOUT HOOVER CONTAINER SOLUTIONS

Hoover Container Solutions is a leading global provider of chemical tanks and cargo carrying units and related products and services. The company’s products are manufactured to meet the highest quality standards (DNV, BV, UN, EN, IMO, API and others) in the industry and can be fully customized according to client specifications. Hoover is headquartered in Houston, Texas, and has distribution and service centers in Scott, New Iberia, and Port Fourchon, Louisiana; Stavanger, Norway; Melbourne and Perth, Australia; Abu Dhabi, UAE; Kuala Lumpur, Malaysia; and Macae, Brazil.

ABOUT TOTE SYSTEMS, LIQUID DIVISION

Founded in 2009, Tote Systems LLC, Liquid Division, is a leading provider of standard and customized stainless steel IBCs in the United States. Tote Systems is headquartered in Fairhope, Ala., with offices in Nashville, Tenn., and Burleson, Texas.

 
 
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