2025-26 merger and acquisition activity
May 14, 2026 By LP Gas
Check out this list of mergers and acquisitions in the propane industry that LP Gas has tracked over the past 12 months.
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Superior Fuel Co. acquires Hayward Propane
April 8, 2026 By Sydney Fischer
With this acquisition, Superior Fuel Company now operates 25 bulk plants and seven regional offices throughout Minnesota and Wisconsin.
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Blossman Gas acquires R.D. White & Sons
April 7, 2026 By Brian Richesson
Cetane Associates, which announced the sale, served as the sole arranger to R.D. White & Sons on a transaction that closed March 31.
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Cetane celebrates 20 years in business
March 25, 2026 By Mason Kopy
Cetane Associates is marking its 20th anniversary in March 2026, highlighting two decades as a client-focused M&A advisory firm.
Read More Evermore LTH acquires Peak Propane
March 13, 2026 By Sydney Fischer
FuelExchange, the mergers and acquisitions service of Gray, Gray & Gray, represented Peak Propane in the transaction.
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EDP acquires Hocon Gas
February 24, 2026 By Sydney Fischer
Hocon Gas operates from five locations within Connecticut, serving more than 35,000 customers throughout the state.
Read More Citizens to acquire downstream energy adviser Matrix Capital Markets Group
February 17, 2026 By Brian Richesson
Citizens Financial Group Inc. plans to purchase substantially all the assets of Matrix Capital Markets Group Inc.
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Southern Quality Propane adds Wood’s Propane in North Florida expansion
February 12, 2026 By Mason Kopy
Southern Quality Propane has acquired Wood’s Propane, expanding its presence in North Florida.
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Lakes Gas expands Midwest footprint with Superior Gas Service acquisition
February 12, 2026 By Brian Richesson
Superior Gas Service of Marshfield, Wisconsin, becomes Lakes Gas’ 60th staffed location.
Read More Energy Partners acquires 406 Propane
February 11, 2026 By Brian Richesson
Energy Partners completed the first acquisition in company history with the purchase of 406 Propane, a neighboring propane retailer in Missoula, Montana.
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