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Superior Plus acquires Williams Energy Group

July 8, 2021 By    

Superior Plus Corp. acquired the assets of Williams Energy Group, a retail propane distribution company based in North Carolina.

“The acquisition of Williams Energy is Superior’s fifth acquisition in 2021 and supports our Superior Way Forward growth strategy initiative of executing on accretive acquisitions in our operational areas. This acquisition scales our existing footprint in North Carolina, and provides us with a strong customer base and synergy opportunities from combining our existing operations and the recent Freeman Gas acquisition,” says Luc Desjardins, president and CEO of Superior. “Williams Energy is a well-run, customer-focused business, and we look forward to welcoming the team and customers to Superior.”

Superior acquired Freeman Gas in June for about $170 million, which expanded the company’s footprint in North Carolina, South Carolina, Georgia and Tennessee.

Founded in 1998, Williams Energy is an independent retail propane distributor delivering about 7 million gallons of propane annually to 12,000 retail and commercial customers in North Carolina.

Featured image: designer491/iStock / Getty Images Plus/Getty Images

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