2024-25 merger and acquisition activity
May 9, 2025 By Brian Richesson
Check out this list of mergers and acquisitions in the propane industry that LP Gas has tracked over the past 12 months.
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Superior Fuel Co. acquires Kotaco Fuels’ Park Rapids, Minnesota, division
May 8, 2025 By Chris Markham
With the acquisition of Kotaco Fuels’ Park Rapids, Minnesota, division, Superior Fuel Co. expands its regional footprint.
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Holston Gases acquires propane business of Combustion Services
May 6, 2025 By Brian Richesson
The companies will combine resources in middle Tennessee, as Holston Gases adds to its growing customer base.
Read More Alliance Energy Services acquires 18 terminals from NGL Energy Partners
May 5, 2025 By Brian Richesson
Alliance Energy Services, a provider of propane supply and logistics solutions, acquired 18 propane terminals from NGL Energy Partners.
Read More 7 mistakes that can kill a business deal
April 16, 2025 By Dalton Brooks
Avoid these seven pitfalls to achieve a successful business transaction.
Read More TerraVest acquires tank trailer manufacturer L.B.T. Inc.
April 11, 2025 By Brian Richesson
Headquartered in Omaha, Nebraska, LBT is a manufacturer of tank trailers serving the North American transportation industry.
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EDP acquires Midwest Bottle Gas
April 8, 2025 By Sydney Fischer
Cetane Associates served as the sole arranger and financial adviser to Midwest Gas, and the transaction closed on Jan. 28.
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Star Group acquires Cato’s home heat and commercial fuel division
March 25, 2025 By Sydney Fischer
Matrix Capital Markets Group, an independent, advisory-focused, privately held investment bank, advised on the sale.
Read More TerraVest Industries acquires Engineered Transportation International
March 20, 2025 By Brian Richesson
TerraVest Industries acquired Engineered Transportation International, a North American manufacturer of tank trailers and transportation solutions.
Read More U.S. Energy to expand into northeast Wisconsin propane market
February 14, 2025 By Brian Richesson
U.S. Energy agreed to purchase NGL Supply Terminal Co.’s propane storage and terminal assets.
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