Deal Snapshot
FERRELLGAS ACQUIRES TWO PROPANE RETAILERS IN TENNESSEE, USA
Friday 11 August 2017

Missouri, US-based midstream services company Ferrellgas Partners, L.P. (NYSE: FGP) has acquired two Tennessee, US-based propane retailers, Lindsey Propane and Sevier County Propane, the company said.
The transaction is expected to be immediately accretive and will allow Ferrellgas to better service customers in central and eastern Tennessee regions. A local provider in Williamsport, Tennessee, Lindsey Propane offers commercial, industrial, agricultural, and residential propane services to customers in nine middle Tennessee counties.


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Details
Date Published: 11/08/2017
Target: Lindsey Propane and Sevier County Propane
Country: USA
Sector: Petroleum/Natural Gas/Coal
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Ferrellgas Partners
Comment:
Terms of the deal were not disclosed

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