SynEnergy Partners adds propane distribution business

July 5, 2018 By    

SynEnergy Partners, a cooperative owned and operated as the partnership of Superior Ag Resources Co-op and Posey Co. LLC, acquired Fischer’s Tru Flame, an Indiana-based propane distribution business,¬†Inside Indiana Business reports.

SynEnergy is not disclosing financial terms of the deal.

SynEnergy says it will obtain all of Fischer’s trucks and equipment. A spokesperson for the cooperative says it will retain Fischer’s employees in the same positions, but will now operate under the SynEnergy name.

SynEnergy board chairman Tim Mueller says the acquisition solidifies the cooperative’s position in the market and expands its footprint in southern Indiana and northern Kentucky.

This is posted in News
Avatar photo

About the Author:

Joe McCarthy was an associate editor at LP Gas Magazine.

Comments are currently closed.