DCC Propane buys JC Propane
DCC Propane acquired JC Propane, based in Delta, Colorado.
The deal follows DCC Propane’s acquisition of Fort Morgan, Colorado-based Affordable Propane.
Founded in 1998, JC Propane serves about 7,000 customers from four locations. The company primarily serves residential customers but also has commercial, agricultural and dispenser accounts.
With the acquisition, DCC will serve nearly 18,000 customers in Colorado. DCC will also add JC Propane’s entire fleet of vehicles and 24 employees.
“We are very excited with the acquisition of JC Propane as this expands our geographic presence into the very attractive steady growth market of the western Colorado Rocky Mountains,” DCC Propane CEO Matt Dantinne says.
JC Propane is DCC’s fourth Colorado-based acquisition in the past two years following Affordable Propane, Blue Flame Propane and Enviro Gas. Deluca Gas, a fifth propane supplier owned by DCC in Colorado, is headquartered in Poncha Springs.