Tuckahoe Holdings Acquires Meeco SullivanPublished on January 22, 2018
Tuckahoe Holdings of Richmond, Virginia, has acquired Meeco Sullivan, a supplier of floating dock systems.
The acquisition comes on the heels of two record-breaking years for Meeco Sullivan. The company credits its success to the merger between Atlantic Meeco and Sullivan Flotation Systems that occurred three years, as well as the revamping of its management and sales teams, and the expansion of production facilities and new equipment. This success is what attracted Tuckahoe, a family owned and operated private investment firm, said Stuart Farrell, Tuckahoe Holdings managing partner.
Meeco Sullivan management will not change with Steve Sullivan continuing as CEO and Ralph Morley staying on as senior vice president and national sales manager. Steve Sullivan said, “The entire Meeco Sullivan team is energized to have an owner like Tuckahoe Holdings because they are committed to our continued success and investing in the tools we need to grow and to keep delivering on our promise of more experience, more capacity and more value.”