MFA Oil acquires western Missouri propane operation
August 14, 2018 By Clara Richter
Frazier Oil & LP Gas Co. Inc., an independent retailer in Gower, Missouri, is MFA’s seventh acquisition of its 2018 fiscal year.
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Frazier Oil & LP Gas Co. Inc., an independent retailer in Gower, Missouri, is MFA’s seventh acquisition of its 2018 fiscal year.
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The primary goals for the combined businesses are developing new products and improving user experience.
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Delos Capital acquired Hop Energy, a distributor of heating oil and propane in the Mid-Atlantic and Northeast regions.
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Ferrellgas Partners divested its Bridger Environmental, Bridger Transportation, Bridger Terminals and Blue Rhino Global Sourcing lines of business.
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ThompsonGas acquired multi-state propane provider Mid-South Propane. This is the company’s fourth acquisition of the year.
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Ferrellgas acquired Diamond Propane, a propane retailer serving residential, agricultural, industrial and commercial customers in New York.
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With the acquisition of ER Energy, ThompsonGas will now serve 20 states.
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Neil Houghton, managing director for Greywing Capital LLC, provides insight on what propane retailers can do to increase value at their operation.
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A look at the mergers and acquisitions LP Gas kept tabs on over the last year.
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Sal’s Propane, a Los Angeles-based company, sold its commercial propane business to Chicago-based Energy Distribution Partners.
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