2022-23 merger and acquisition activity
Here’s a look at the movement LP Gas kept tabs on over the past 12 months, with acquiring companies in bold. Note: Some companies chose not to disclose acquired companies.
3eight Energy
Rail terminal – Mount Airy, Georgia
Allen’s Oil & Propane
Penn-Jersey Propane – Hainesport, New Jersey
American Welding & Gas
TriCounty Gas – Buffalo, Wyoming
AmeriGas Propane
South Florida Lift Gas – Miami
Blossman Gas Inc.
Alliance Propane – Fort Myers, Florida
Buchanan Oil and L.P. Gas Inc. – Travelers Rest, South Carolina
Central Florida Propane – Orlando, Florida
Mansfield Brothers Propane – Southport, North Carolina
Wigley Propane – Jasper, Georgia
Busters Propane
1 acquisition
Button Oil & Propane
Phillips Fuel – Plymouth, Pennsylvania
Cavagna Group
Ecomotive Solutions, equity interest – Madonnina, Italy
Civista Bancshares
Vision Financial Group – Pittsburgh
Co-Alliance Cooperative
Plymouth LP Gas Corp. – Plymouth, Indiana
Rochester LP Gas Corp. – Rochester, Indiana
Shelby Bottled Gas – Shelbyville, Indiana
Colby & Gale Inc.
M.W. Sewall Inc. – Bath, Maine
Dead River Co.
Charlie Burnham Energy & Heating Service – Freeport, Maine
Maine Energy – Northport, Maine
Scott Energy Co. Inc. – Gloucester, Massachusetts
Tidewater Oil Co. – Belfast, Maine
Eastern Propane & Oil
Goodrich Oil & Propane – Newport, New Hampshire
Energy Distribution Partners
Barrett Propane – Prescott, Arizona
Harbor Point Energy Products – Frankfort, New York
High Grade Gas Service – Stafford Springs, Connecticut
Mount Perry Propane – Mount Perry, Ohio
Fabian Oil Inc.
Spring Brook Ice & Fuel Co. – Waterville, Maine
Ferrellgas
Apollo Propane – Moraine, Ohio
Brown’s Gas – Marysville, California
Dubben Gas Service – Delhi, New York
Rez Bear Propane – Harris, New York
Florida Public Utilities
Hernando Gas – Hernando, Florida
Grammer Logistics
Logistics Management Resources – Baton Rouge, Louisiana
Greendale Propane Partners
Huron Propane – Pigeon, Michigan
Heritage Petroleum
May’s LP Gas Service – Washington, Indiana
Lakes Gas
Blackhawk Propane – South Beloit, Illinois
Hohl’s Propane – Baraboo, Wisconsin
Van’s Gas Service – Kenosha, Wisconsin
Lettermen’s Energy Holdings
Victory Propane – Northbrook, Illinois
Undisclosed
LT Corp.
Kryton Engineered Metals – Cedar Falls, Iowa
Meritum Energy Holdings
Boye’s Gas Service – Fort Lauderdale, Florida
MFA Oil Co.
Blue Flame Gas – Marthasville, Missouri
D&D Oil Co. – Wheaton, Missouri
Otodata
AIUT, LPG branch – Gliwice, Poland
Paraco Gas
Chickos Energy Services – Milford, Connecticut
Great White Propane – Riverhead, New York
Suburban Propane, forklift – metro New York region
Superior Propane, barbecue – Hudson Valley region
Thuesen Mechanical – Mount Kisco, New York
PDI Technologies
Blue Cow Software – Middleton, Massachusetts
Phoenix Park Energy Marketing LLC
Interstate Fuel & Energy LLC, propane terminal – Rush City, Minnesota
Premier Companies
Allied Readygas – Indianapolis
Terhune Propane – Milroy, Indiana
Rural Computer Consultants
Propane Management Systems – Paducah, Kentucky
Sail Energy
Klebe Fuel Co. – Winsted, Connecticut
Tower Energy – Plainville, Connecticut
Santmyer Companies
Cole Distributing – Shelby, Ohio
Sapp Bros. Petroleum Inc.
Home Oil Services – Blue Rapids, Kansas
Sharp Energy
Davenport Energy, assets – Siler City, North Carolina
Southern Quality Propane
Akins Petroleum, propane division – Valdosta, Georgia
Suburban Propane Partners
Northern New Mexico Gas – Angel Fire, New Mexico
Suburban Propane Partners, Suburban Renewable Energy subsidiary
Equilibrium Capital Group, renewable natural gas assets
Superior Plus Corp.
Acme Propane – Lincoln, California
Denton Gas – Union, South Carolina
McRobert Fuels – Strathroy, Ontario, Canada
MountainFlame Propane – Auberry, California
Reed Oil – Hertford, North Carolina
Reid Gas – Rock Hill, South Carolina
Salem Oil & Gas – Salem, Ohio
Targa Resources Corp.
Grand Prix NGL Pipeline, full ownership
ThompsonGas
Gas Taxi Inc. – Haines City, Florida
Gilbert Propane – Deland, Florida
Hogan Gas – West Palm Beach, Florida
Reliance Propane Service – Oroville, California
Thompson’s Gas Inc. – Belleville, Illinois
Tri Gas & Oil Co. Inc.
Pep-Up Inc. – Georgetown, Delaware
Undisclosed
Walker County LP Gas – Huntsville and Madisonville, Texas
Westmor Industries
Metzler Bros. Tank Truck & Trailer – Duncansville, Pennsylvania
Sources: LP Gas research; Blue Peak Resources; Cetane Associates; Gray, Gray & Gray; Legacy Energy Consulting; Matrix Capital Markets Group; Propane Resources