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Slide #29. Ferrellgas Partners, L.P. — Flores Gas of El Paso, Texas
Ferrellgas Partners, L.P. (FGP)
Flores Gas of El Paso, Texas
Ferrellgas Partners, L.P., one of the nation's largest propane retailers, announced the acquisition of Flores Gas of El Paso, Texas. The transaction will be immediately accretive to unit holders adding to the partnership's existing customer base and strengthening the partnership's already strong presence in The Lone Star State. Specific terms of the transaction were not disclosed.
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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