Tide Water Oil Co (India) has established subsidiary namely -- Veedol International BV -- in the Netherlands to re-launch the branded products in Europe. Tide Water, which earlier only had the rights to the iconic brand for India, acquired UK based Veedol International from BP plc in October 2011 along with the brand rights, its logos and sub brands in 126 countries.
Tide Water Oil Company is a part of the multi divisional Andrew Yule group that has diverse interests in Engineering, Electrical, Tea Cultivation, Power Generation, Digital Communication Systems and Lubricants.