Deal Snapshot
STAR GAS PARTNERS ACQUIRES BUSINESSES IN MICHIGAN, NEW YORK USA
Friday 11 August 2017

US-based home energy distributor and services provider Star Gas Partners, L.P. (NYSE: SGU) has acquired two businesses that further expand its customer base and, in one case, its geographic footprint, the company said.
Star Gas Partners purchased certain assets of one entity in Imlay City, Michigan and another located in Plainview, New York. The former serves approximately 3,000 accounts with annual volume (propane and motor fuel) of 3.8m gallons, while the latter has roughly 16,800 accounts with annual volume (heating oil, propane, and motor fuel) of approximately 15.5 m gallons.


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Details
Date Published: 11/08/2017
Target: Undisclosed companies, one entity in Imlay City, Michigan and another located in Plainview, New York
Country: USA
Sector: Petroleum/Natural Gas/Coal
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Star Gas Partners
Comment:
Terms of the deal were not disclosed

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