EDP acquires Delta Liquid Energy’s Los Angeles-area operations
Chicago-based Energy Distribution Partners (EDP) acquired the Los Angeles-area commercial and residential operations of Delta Liquid Energy. Expo Propane, an EDP operation based in Los Angeles, assumed management of two Delta Liquid Energy (DLE) facilities and is retaining all current employees.
Upon closing the deal, EDP will have made four transactions in 2018 and is anticipated to be the third-largest propane service provider in the Los Angeles area, according to a news release.
Founded in 1936, family-owned Delta Liquid Energy has grown to 10 locations in California and one in Nevada. The Platz family is retaining ownership of the remaining locations.
“Energy Distribution Partners is a quality organization and their team is known for taking great care of their employees and their customers,” says Delta Liquid Energy President William Platz. “We are confident our employees who are transitioning to Expo Propane will be well taken care of and that our customers will continue to receive top-notch customer service.”
The offices and bulk storage operations in Pomona and Sylmar will transition to Expo Propane. The service territories include the counties of Los Angeles, Orange, San Bernardino and Riverside.
“We are delighted to have these two Delta Liquid Energy propane facilities become part of the EDP family,” says Tom Knauff, president and CEO of Energy Distribution Partners. “The two locations are an ideal fit for our Expo Propane operation, given the overlapping service area. Bill Platz and his team at DLE run a successful operation and have taken excellent care of both their employees and their customers. We will continue to provide the same level of exceptional service that DLE’s customers have come to expect, and we look forward to welcoming the employees and customers into the EDP/Expo Propane family.”