Sharp Energy purchases Florida propane retailer

Sharp Energy, the propane subsidiary of Chesapeake Utilities, acquired Western Natural Gas in Jacksonville, Florida. Terms of the transaction were not publicly disclosed.

“This is an important acquisition for our company as it enables Sharp Energy to immediately expand the availability of its propane operations into Florida and build upon our existing propane footprint,” says Jeff Householder, president and CEO of Chesapeake Utilities.

Sharp Energy provides community gas systems, wholesale capabilities and propane autogas to customers throughout the Mid-Atlantic region.

The acquisition will assist the company in meeting customer demand and expanding propane distribution in Florida, says Householder.

Western Natural Gas has been providing propane service to the First Coast of Florida for more than 80 years. Western Natural Gas provides propane service to about 4,000 residential and commercial customers and sells about 1 million gallons of propane throughout four counties in northeast Florida.

“As a family-owned and -operated business in northeast Florida for over 80 years, the decision to sell was not easy, but it was very clear that Sharp Energy is a company that best replicated our way of doing business with an appreciation for our customers and our employees,” says Ken Baker, executive vice president of Western Natural Gas. “We are confident that Sharp Energy will continue our tradition of safety first, unmatched service and dependability.”

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