Ferrellgas expanding into new territory
Ferrellgas Partners LP has acquired Connecticut-based IGS Propane, the propane division of Industrial Gas & Supply. Terms of the transaction were not disclosed.
IGS Propane is Ferrellgas’ third acquisition in its fiscal year that began Aug. 1. IGS also represents Ferrellgas’ first acquisition in the state of Connecticut. Earlier this year, Ferrellgas acquired Flores Gas of El Paso, Texas and Capitol City Propane of Sacramento, Calif.