Houston-based Hoover Container Solutions, a subsidiary of Hoover Group Inc., has acquired Dolphin Energy Equipment LLC, a New Iberia-based oilfield services firm with a distribution and service center in Port Fourchon.
Dolphin provides cargo and waste-management rental equipment, including offshore baskets, trash compactors, food disposal units, pipe slings and related consumables and services.
Terms of the deal were not disclosed.
The deal gives Hoover one of the largest fleets in the Gulf of Mexico and makes Hoover one of the only companies to offer a full range of cargo-carrying units, including chemical, cargo and waste-management products to the Gulf, Hoover Chief Executive Officer Donald Young said.
“This acquisition puts us in a stronger position to leverage the upturn in the offshore industry,” Young said.
The Dolphin acquisition complements Hoover’s 2012 acquisition of Consult Supply A/S, based in Stavanger, Norway. Consult Supply, which is being renamed Hoover Norway, provides chemical tanks, baskets, specialized workshops and containers to the North Sea offshore industry.