ThompsonGas purchases Associated Propane
September 1, 2020 By Carly Bemer
The acquisition of Associated Propane expands ThompsonGas’ presence in Northern California and marks the company’s sixth acquisition in 2020.
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The acquisition of Associated Propane expands ThompsonGas’ presence in Northern California and marks the company’s sixth acquisition in 2020.
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Operating as Growmark FS, the new company will streamline services to farmers in northwest Iowa with a full line of agronomy, energy and grain marketing.
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Superior Plus Propane entered into an agreement to acquire the assets of Rymes Propane and Oil, a retail propane and heating oil distribution company based in New Hampshire.
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Blue Peak Resources started business on Aug. 1 to help owners navigate the process of selling their business more effectively.
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The acquisition strengthens ThompsonGas’ national footprint by expanding its Midwest presence. Midwestern Propane is ThompsonGas’ fifth acquisition in 2020.
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Growmark will acquire the wholesale fuel and crop assets of Southern States, enabling Southern States to buy Growmark products for its stores.
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Champagne’s Energy delivers about 11 million gallons of propane and distillates to retail and commercial customers throughout Maine annually.
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ThompsonGas, headquartered in Frederick, Maryland, acquired the propane operations of Redwood Coast Fuels in northwestern California.
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Hiltz Propane Systems will acquire Chesmont assets, employees and customer contracts, and the merged business will operate as part of the Hiltz Companies.
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Here’s a look at the merger and acquisition activity LP Gas tracked over the past year and one seller’s experience with navigating the acquisition process.
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