Magnum Venus Products buys out CEO

This is part of the company’s aim to expand the company ‘by diversifying product offerings in existing and new markets, MVP claimed. 

Hedger will be leaving his role but will remain involved with MVP in a consultative capacity. ‘The leadership, expertise and incredible knowledge that Tom has brought to MVP have been highly instrumental in shaping and guiding MVP into the company that it is today,’ said MVP president and CFO, Pete Hedger. ‘We have seen our company grow significantly in size and have continued over the years to remain on the forefront of product and technological innovations in large part due to Tom’s commitment to not only our organization, but the industry as well.’