Ferrellgas Partners, L.P. Announces Acquisition of Co-op Butane Inc.
FERRELLGAS PARTNERS (FGP)
Last ferrellgas partners earnings: 10/15 04:20 pm
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US:NYSE Investor Relations:
ferrellgas.com/our-company/investor-information
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Source: GlobeNewswire
LIBERTY, Mo., Dec. 13, 2018 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (NYSE:FGP) (“Ferrellgas” or the “Company”) today announced the acquisition of Co-Op Butane, Inc., an independent propane retailer based in Bush, Louisiana. The transaction is expected to be immediately accretive and is further evidence of the partnership’s longstanding commitment to growing its core propane business. Terms of the transaction were not disclosed. Founded in 1987 by Keith Fitzmorris and Reubin Miley, Co-Op Butane has grown over the past 30 years to become one of the leading small businesses in St. Tammany and Washington parishes in eastern Louisiana. “Co-Op Butane has long been a company known for its commitment to providing exceptional propane service,” said James E. Ferrell, Interim Chief Executive Officer and President. “We look forward to welcoming their employees and customers into the Ferrellgas family.” In its nearly 80 years in business, Ferrellgas has acquired approximately 300 indepe
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