2023-24 merger and acquisition activity

Bonds form in the tank shop and among propane industry companies. (Photo courtesy of Westmor Industries)
Here are the deals that LP Gas tracked over the past 12 months, with acquiring companies in bold. Note: Some companies chose not to disclose acquired companies.
Blossman Gas – Ocean Springs, Mississippi
Comeback Propane – Conway, South Carolina
Loyal Gas – Covington, Georgia
Marshville Propane – Marshville, North Carolina
NC Propane – Burlington, North Carolina
North Georgia Rail Terminal – Mt. Airy, Georgia
Ceres Solutions Cooperative – Crawfordsville, Indiana and Co-Alliance Cooperative – Decatur, Indiana
Form Keystone Cooperative – Indianapolis
Control Devices – Fenton, Missouri
Gilmore – Houston
Daigle Oil – Fort Kent, Maine
Mapleton Oil’s propane assets – Mapleton, Maine
DCC Propane – Lisle, Illinois
San Isabel Services Propane – Pueblo West, Colorado
Dead River Co. – South Portland, Maine
Augusta Fuel – Augusta, Maine
Bourne’s Energy – Morrisville, Vermont
Roby’s Propane Gas – West Wareham, Massachusetts
Dooley’s Petroleum – Willmar, Minnesota
Sheehan’s Gas – Bird Island, Minnesota
Eastern Propane – Rochester, New Hampshire
Blue Flame Gas – Rangeley, Maine
EDP – Chicago
Lykins Energy Solutions – Milford, Ohio
P. Gagnon & Son – South Berwick, Maine
Queen City Propane – Amelia, Ohio
Empire Group – Belleville, Illinois
Canadian Heating Products – Langley, British Columbia, Canada
Energy Transfer – Dallas
Crestwood Equity Partners – Houston
Ferrellgas – Overland Park, Kansas
Eastern Sierra Propane – Bishop, California
Firmament – New York
Invested in Matador Gas
GasTec – Ivyland, Pennsylvania
NorthEast Propane – Philadelphia
Haffner’s – Lawrence, Massachusetts
Concord Oil – Concord, Massachusetts
Hartmann Oil & Propane – Exeter, New Hampshire
Huhtala Oil & Propane – East Templeton, Massachusetts
Lakes Gas – Wyoming, Minnesota
Northeast Oil – Rosholt, South Dakota
Lettermen’s Energy – Overland Park, Kansas
Central Propane – northeast Alabama/south-central Tennessee
Countrystyle Propane – Oconto Falls, Wisconsin
Hub City Propane – Union City, Indiana
Mountain Country Propane – Sparta, Missouri
Scotty’s Propane – Cloudcroft, New Mexico
WIN Propane – Wever, Iowa
LT Corp. – Cleveland, Mississippi
Tate Metalworks Inc. – Spartanburg, South Carolina
MFA Oil – Columbia, Missouri
Gygr-Gas – Boonville, Missouri
Palmdale Oil – Fort Pierce, Florida
Como Oil & Propane – Vero Beach, Florida
Parker Oil – South Hill, Virginia
Bobby Taylor Oil and T&S Transport – Fayetteville, North Carolina
Thomas Bros. Oil & Propane – Blackstone, Virginia
Rhoads Energy – Lancaster, Pennsylvania
Solanco Propane and Heating – Peach Bottom, Pennsylvania
Rochester Sensors – Dallas
Tekelek – Shannon, Ireland
Sail Energy – Portsmouth, New Hampshire
Blanchard’s Cash Fuel – Turner, Maine
Sharp Energy – Dover, Delaware
J.T. Lee and Son’s – Cape Fear, North Carolina
Southern Quality Propane – Thomasville, Georgia
Morris Propane – Monticello, Florida
Star Group – Stamford, Connecticut
Blue Light Energy – Bridgehampton, New York
Ideal Bottle Gas – Bellport, New York
W.F. McCoy Petroleum Products – Bridgehampton, New York
Suburban Propane – Whippany, New Jersey
PacWest Propane – Covington, Washington
TerraVest Industries – Toronto
Advance Engineered Products – Regina, Saskatchewan, Canada
Highland Tank – Stoystown, Pennsylvania
ThompsonGas – Frederick, Maryland
Harris Propane – Salem, New Jersey
South Florida Gas – Fort Myers, Florida
Tiger Fuel – Charlottesville, Virginia
Anderson Oil & Propane – Fredericksburg, Virginia
Valley Wide Cooperative – Nampa, Idaho
Salt River Propane – Thayne, Wyoming
Van Etten Oil – Monticello, New York
Evergreen Fuels – Montgomery, New York LPG
Sources: LP Gas research; Blue Peak Resources; Cetane Associates; Gray, Gray & Gray; Legacy Energy Consulting; Matrix Capital Markets Group; Propane Resources
To report company acquisitions, email brichesson@northcoastmedia.net