Beaudry Oil & Propane acquires retailer in Minnesota

Minnesota-based Beaudry Oil & Propane acquired DM Propane, based in Detroit Lakes, Minnesota.

The owners of DM Propane planned to retire and sell the business to Beaudry Oil & Propane, according to the Detroit Lakes Tribune. As a result of the acquisition, Beaudry Oil & Propane will open its eighth store location to provide propane to residential and commercial customers, Detroit Lakes Tribune adds.

The company, based in Elk River, Minnesota, will now have more than 50 employees and serve thousands of customers in a 50-mile radius around Detroit Lakes.