The company is reinvesting the proceeds of the sale – about $70 million – to support high-growth opportunities to provide natural gas producers and NGL customers with flow assurance through Crestwood’s gathering and processing operations.
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Energy Distribution Partners acquired South Carolina-based Carmichael Propane. This is EDP’s second acquisition in the state.
Read More Palmer Gas & Oil acquired the assets of Lamprey Energy, expanding the company’s reach in New England.
Read More Parkland Fuel Corp., a Canadian independent marketer of fuel and petroleum products, acquired 75 percent of Sol, an independent fuel marketer in the Caribbean.
Read More Ferrellgas acquired Salathe Gas Co. and North Star Exchange Inc., two third-party distributors of the company’s Blue Rhino barbecue tank exchange division.
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ThompsonGas acquired the propane division of South Alabama Gas, marking the company’s fifth acquisition of 2018.
Read More Diesel Direct, an onsite mobile fueling company, will purchase the assets of Worley & Obetz and sell divisions of propane and HVAC services to Rhoads Energy.
Read More Superior Plus Corp. acquired United Pacific Energy. The acquisition will increase the company’s liquid storage capacity by about 2.9 million gallons.
Read More Tevis will continue to operate and is actively looking to grow its home comfort solutions, commercial fuels and HVAC businesses, including Tevis Propane.
Read More B&P Propane and Knotty Pine Oil Co. completed the purchase of Petree Propane on Aug. 1, The Holton Recorder of Holton, Kansas, reports.
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