Superior Fuel Co. acquires Hayward Propane
April 8, 2026 By Sydney Fischer
With this acquisition, Superior Fuel Company now operates 25 bulk plants and seven regional offices throughout Minnesota and Wisconsin.
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With this acquisition, Superior Fuel Company now operates 25 bulk plants and seven regional offices throughout Minnesota and Wisconsin.
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Cetane Associates, which announced the sale, served as the sole arranger to R.D. White & Sons on a transaction that closed March 31.
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Cetane Associates is marking its 20th anniversary in March 2026, highlighting two decades as a client-focused M&A advisory firm.
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FuelExchange, the mergers and acquisitions service of Gray, Gray & Gray, represented Peak Propane in the transaction.
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Hocon Gas operates from five locations within Connecticut, serving more than 35,000 customers throughout the state.
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Citizens Financial Group Inc. plans to purchase substantially all the assets of Matrix Capital Markets Group Inc.
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Southern Quality Propane has acquired Wood’s Propane, expanding its presence in North Florida.
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Superior Gas Service of Marshfield, Wisconsin, becomes Lakes Gas’ 60th staffed location.
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Energy Partners completed the first acquisition in company history with the purchase of 406 Propane, a neighboring propane retailer in Missoula, Montana.
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Matrix advised Jernigan Oil on the sale of its convenience retail division to Sunoco Retail, an affiliate of Sunoco LP.
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