Panelists at one Propane Expo session in Nashville, Tennessee, discussed how propane marketers can raise the cash needed to grow organically or through acquisition.
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Superior Plus Corp. is one of several companies that continues to expand its presence in the U.S. propane market; it’s become the fourth-largest retailer.
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Here’s a look at the merger and acquisition activity LP Gas tracked during the past year for the retail propane industry.
Read More The Cavagna Group acquired an equity interest in Ecomotive Solutions, a company that specializes in alternative fuel engines and, more generally, renewable energy applications.
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The report, published by Matrix Capital Markets Group and contributing industry expert Randy Doyle, explores questions about propane industry consolidation.
Read More Arcosa Inc., a provider of infrastructure-related products and solutions, agreed to sell its storage tanks business to Black Diamond Capital Management for $275 million in cash.
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Mopeka Products, a provider of sonar tank monitoring technology, signed a definitive agreement to acquire Sonariot. Together, they’ll operate as MopekaIOT.
Read More Energy Distribution Partners acquired Liberty Propane and Meadows Petroleum of Ottsville, Pennsylvania, and Georgetown, Delaware.
Read More MFA Oil Co. purchased the propane and refined fuel operations of Griffin Oil & Propane, an independent retailer based in southeast Missouri.
Read More Holtzman Propane of Mt. Jackson, Virginia, acquired the assets of Bruce’s Propane of Levittown, Pennsylvania.
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