McAlester, OK—Steve Sullivan, CEO of Meeco Sullivan, is pleased to announce that effective December 29, 2017 Tuckahoe Holdings, based in Richmond, VA, has acquired 100% of the company. Since Sullivan Flotation Systems and Atlantic Meeco merged three years ago, the mission for the new MEECO SULLIVAN business has been to grow by winning more than its fair share of new contracts while maintaining the highest product quality and customer service standards. The revamped management and sales teams, the expanded production facilities, the streamlined production processes, the new equipment and the highly skilled employees and their commitment to total customer satisfaction are making that growth a reality.
Ralph Morley, Senior Vice President and National Sales Manager for Meeco Sullivan, stated that “When we became Meeco Sullivan we had the most capacity of any fresh or saltwater marina manufacturer in the industry and our shared vision and purpose coupled with the major investments we’ve made in our production facilities are really paying off. 2016 and 2017 have been record years for MEECO SULLIVAN as we’ve continued to win more than our fair share of new contracts for freshwater/saltwater and covered/uncovered floating dock systems.”
Tuckahoe Holdings is a family run and family controlled private investment firm focused on acquiring successful businesses that they can own and invest in on a permanent basis. Stuart Farrell, Managing Partner with Tuckahoe Holdings commented that “We are very impressed with Meeco Sullivan’s track record, operations and people and we are fully committed to investing and supporting its continued growth and longevity as a leader in the marina industry. At Tuckahoe Holdings we put people first and their enduring success and safety are just as critical as exemplary financial performance. We see a very bright future for Meeco Sullivan.”
Steve Sullivan will continue as CEO and Ralph Morley will continue as Senior Vice President and National Sales Manager. Steve Sullivan stated that “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.” To learn more about Tuckahoe Holdings please visit tuckahoeholdings.com.