Acquisition strengthens Veeder-Root’s global product portfolio
Simsbury, CT, USA – May 15, 2012 - Veeder-Root acquired the assets of Catlow Inc., based in Tipp City, Ohio. Catlow is a leading manufacturer of petroleum dispensing equipment serving the global market with a broad range of nozzles, swivels, breakaways, and other hanging hardware components.
Catlow’s commitment to continued product innovation and the success of its customers over the last 35 years has established Catlow as a leading worldwide supplier of Hanging Hardware products. Catlow’s customers include large regional retailers in North America, prominent Petroleum Equipment Industry (PEI) distributors in domestic and international markets, and large Commercial and Industrial customers.
"We’re very excited to have Catlow become a part of Veeder-Root," said Mark Maybee, President of Veeder-Root. "Veeder-Root is a recognized technology leader in the Petroleum Equipment Industry, and Catlow is a leading provider of innovative products for hanging hardware applications. We have worked with Catlow for several years to provide innovative solutions to vapor recovery markets. We look forward to building on our success with the Catlow team by offering industry leading solutions through strong channel partners worldwide with unsurpassed quality and customer service.” Maybee added that Veeder-Root is committed to help the Catlow product line achieve continued growth and success.
Cameron Carmack, President of Catlow, said, “Veeder-Root has a long standing history of success within the global petroleum market with one of the strongest brands in the industry. Their global reach and network of channel partners will present a tremendous opportunity to grow the sales of Catlow products in North America and around the world.”
Catlow’s manufacturing, engineering, technical support and customer service will continue to operate out of Catlow’s headquarters in Tipp City, Ohio, where Cameron Carmack and his team will continue to lead the business.
Veeder-Root is a leading global supplier of automatic tank gauging, fuel management systems, and stage II vapor recovery solutions including the Red Jacket® brand of submersible pumps and pressurized line leak detectors. Veeder-Root and Red Jacket are market-leading brands with a tradition of excellence in the petroleum industry.
For further information contact:
Eva Chambers, Outbound Marketing Manager