This Slide: #3 of 100 |
Slide #3. Ferrellgas Partners, L.P. — Viking Propane
Acquirer:
Ferrellgas Partners, L.P. (FGP)
Acquiree:
Viking Propane
Details:
Ferrellgas Partners, L.P. (NYSE:FGP), one of the nation's largest distributors of propane, announced today the acquisition of Viking Propane, an independent propane company based in Madison, Calif. Specific terms of the transaction, which the company indicates will be immediately accretive, 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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