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First Reserve partners with Hoover Container

Dec 02, 2014 - The Deal Pipeline

Energy-focused private equity firm First Reserve said Tuesday, Dec. 2, that its First Reserve Fund XIII agreed to partner with Hoover Container Solutions Inc., a provider of chemical tanks and cargo carrying units to the global energy, petrochemical and related industrial end markets. Terms weren't disclosed and First Reserve managing director Neil Wizel wouldn't give any financial or partnership information.

Houston-based Hoover, which claims to be a leader in oilfield fluid containers, ...