NGL Energy Partners entered into an agreement with DCC LPG to sell certain mid-continent and western portions of its retail propane business for $200 million, effective March 31, 2018.
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Cleveland Petroleum Products currently serves all 15 UPS facilities throughout Oklahoma. This acquisition will help the company expand its refueling infrastructure.
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The privately-owned company on Drummond Island in Michigan’s Upper Peninsula represents the fourth acquisition of a Michigan company in the past 18 months by Energy Distribution Partners.
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Knapp Energy Inc. has been acquired by Crystal Flash as the company seeks to expand its footprint and customer base in southwestern Michigan.
Read More Fischer Tanks, a privately-owned company, was acquired by TerraVest. The acquisition will help provide services such as manufacturing of domestic propane tanks, among other services, according to the company.
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Miller’s Bottled Gas served the Bowling Green, Kentucky, community for more than 70 years. Its customer-oriented business is consistent with how Blossman operates, according to Blossman CEO Stuart Weidie.
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According to Superior Plus, Earhart is anticipated to add about 12,600 residential and commercial customers along with 12.5 million gallons of retail propane sales to its energy distribution operations in the U.S.
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BASE Engineering Inc., a designer and manufacturer of remote, automated emergency shutdown and operational controls, was acquired by Marshall Excelsior Co.
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Ferrellgas acquired South Hill, Virginia-based Service Plus Propane Inc. According to Ferrellgas, the acquisition is expected to help grow its footprint in the eastern region of the country.
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MFA Oil acquired Chanute LP Gas Inc. and Tri-Star Propane Inc. The two companies are MFA Oil’s sixth and seventh acquisitions of the 2017 fiscal year.
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