Gas Utilities M&A » By The Online Investor Staff, updated Wed., Jan. 20, 2:21 AM
Recent mergers and acquisitions in the Gas Utilities M&A category.
| This Slide: #12 of 30 |
Slide #12. Ferrellgas Partners, L.P. — Motor Propane Service
Acquirer:
Ferrellgas Partners, L.P. (FGP)
Acquiree:
Motor Propane Service
Details:
Ferrellgas Partners, L.P. (NYSE: FGP), one of the nation's largest distributors of propane, announced today the acquisition of Motor Propane Service, an independent propane company with locations in Manitowoc and Sheboygan, Wis.
Ferrellgas Partners is primarily engaged in the retail distribution of propane and related equipment sales. Co.'s activities are primarily conducted through its operating partnership, Ferrellgas, L.P. Co. has one reportable operating segment: propane operations and related equipment sales. Co.'s operations primarily include the distribution and sale of propane and related equipment and supplies with concentrations in the Midwest, Southeast, Southwest and Northwest regions of the United States. Co.'s other activities in its propane operations and related equipment sales segment include the following: the sale of refined fuels, and common carrier services.
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