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DCC Propane purchases Kentucky-based retailer

January 3, 2022 By     0 Comments

Propane retailer DCC Propane LLC acquired Greenwell’s Propane Gas, a propane provider located 30 miles south of Louisville in Taylorsville, Kentucky.

The acquisition comes less than a year after DCC purchased Paducah, Kentucky-based United Propane Gas (UPG). Acquiring Greenwell’s adds another 2,600 customers for DCC, bringing the total number it serves in Kentucky to more than 31,500.

The deal is also the first bolt-on to the UPG acquisition, says DCC Propane CEO Matt Dantinne.

“We completed the UPG acquisition last December, so to have such a highly strategic and synergistic follow-on acquisition in the UPG footprint in under a year is very noteworthy and something we are very excited about,” says Dantinne in a press release. “One of the additional reasons we wanted to acquire UPG was to have their platform to provide for future growth like the acquisition of Greenwell’s Propane.”

As part of the deal, DCC acquires two properties located in Taylorsville. The larger of the two properties includes a business office and a parking lot for vehicles. The second property houses four 30,000-gallon bulk tanks, a shed and a concrete filling dock.

Seven Greenwell’s employees will also join the DCC team, says Dantinne.

Greenwell’s was founded in the late 1940s by brothers Henry and Paul Greenwell. Henry’s daughter, Jennifer Baxter, was Greenwell’s general manager.

“DCC Propane is a well-run company with a great reputation in the propane industry for excellent customer service and a safety-first mentality,” says Baxter in a press release. “DCC was very professional, detailed and efficient, which gave me great confidence in the company taking over our operations. They spent a good amount of time learning our customer service policies and procedures in order to make a smooth transition for the customers and employees.

“Our customers are our friends, neighbors and families – some of them for a few generations,” Baxter adds. “Our propane business was built on customer relationships with our drivers, customer service reps, managers and owners.”

Greenwell’s is also known for its bright pink bobtails. In 2010, Greenwell’s painted a bobtail pink to honor Mary Lucy Greenwell, Henry’s wife and a breast cancer survivor, as well as to support the Susan G. Komen foundation.

“The public’s response to the pink truck was so positive that a second truck was painted pink in 2015 and a third in 2021,” says Mike Mendoza, an employee of Greenwell’s since 2008 who is joining DCC Propane as the new district manager of its Cynthiana district. “When you are driving one of the pink trucks, you almost feel like you are in a parade because people will wave at you or flag you down to tell you how awesome it is that we are supporting breast cancer awareness and research.”

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