Superior Plus Corp (SPB) has entered into an agreement to acquire substantially all of the assets of Yankee Propane Inc (Yankee) and Virginia Propane Inc (Virginia) for an aggregate purchase price of approximately $31.5 million.
Yankee is a propane distributor serving residential and commercial customers in New York and New Jersey, and Virginia is a propane distributor serving residential and commercial customers in Virginia.
Yankee and Virginia will add approximately 13,000 residential and commercial customers and approximately 7.6 million gallons (29.2 million litres) of retail propane sales to Superior's energy distribution operations in the Northeast US.
Superior Plus Corp (SPB) has entered into an agreement to acquire substantially all of the assets of Yankee Propane Inc (Yankee) and Virginia Propane Inc (Virginia) for an aggregate purchase price of approximately $31.5 million.
Yankee is a propane distributor serving residential and commercial customers in New York and New Jersey, and Virginia is a propane distributor serving residential and commercial customers in Virginia.
Yankee and Virginia will add approximately 13,000 residential and commercial customers and approximately 7.6 million gallons (29.2 million litres) of retail propane sales to Superior's energy distribution operations in the Northeast US.
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