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    OPW Fueling Components Acquires Environ Holdings

    The deal, first announced at NACS Show 2006 in Las Vegas, quickly closes.

    CINCINNATI -- OPW Fueling Components, a supplier of commercial and retail fueling equipment, completed its acquisition of Smithfield, N.C.-based Environ Holdings. The acquisition was announced at the beginning of the NACS Show 2006 in Las Vegas.

    "It's exciting to consider the breath of solutions and possibilities that will result from the union of the two leading companies in environmental products," said Environ CEO Mike Webb. "We believe this union creates the kind of dynamic organization that'll have a tremendous positive and beneficial impact on the industry and protection of the environment, greater than what either company could have had independent of one another."

    OPW Fueling Components manufactures dispensing and environmental products, fuel management systems and clean energy fueling products, which include dispensing nozzles for vapor recovery, gasoline, diesel, LPG, hydrogen and CNG; swivels, breakaways, valves and fittings; underground and above-ground storage tank equipment, spill containers, overfill prevention devices, secondary containment sumps and flexible piping; tank gauging equipment and automated fuel management systems.

    Environ manufactures innovative and environmentally-safe fueling components that connect underground fuel storage tanks to the vehicles' fuel tank. The company's patented piping and containment solutions include the GeoFlex flexible coaxial fuel pipe and fittings, liquid tight pipe entry fittings, liquid tight and testable containment sumps and impermeable fueling hose.

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