LP Gas, February 2019
industry UPDATE Reduce distribution costs by 30 Talk with us about tank monitoring ACQUISITIONS SALES Continued from page 8 more than 8000 customers in Calaveras and Alpine counties of California about 100 miles southeast of Sacramento Dean and Rodney Korbelik grandsons of the Mosbaughs have managed the business in recent years Yolanda Mosbaugh has remained active in running the company EDP explains 3 PARACO GAS ACQUIRES MARTINS OIL GAS Paraco Gas acquired the propane portion of Uxbridge Massachusetts based Martins Oil Gas Inc David Martin founded Martins Oil Gas in 1985 and grew it to serve 500 propane customers Martins Oil Gas will continue to operate its oil business independently as Martins Oil 4 DILEO GAS ACQUIRES MEACHAM PROPANE DiLeo Gas says with the acquisition it seeks to further increase its existing customer base throughout New England while the Meacham Cos will retain the heating and HVAC services portion of the company 5 SHARP ENERGY ACQUIRES PROPANE ASSETS OF R F OHL FUEL OIL R F Ohl a family owned and operated company founded in 1984 and based in Lehighton Pennsylvania provides propane service to more than 2500 residential and commercial customers in Carbon Monroe Northampton Lehigh and Schuylkill counties in Pennsylvania Sharp Energy the propane subsidiary of Chesapeake Utilities Corp headquartered in Georgetown Delaware distributes propane to about 39000 residential commercial and industrial customers in Maryland Delaware Virginia and Pennsylvania The company started providing propane service to the Pennsylvania community in 2003 and today serves more than 6000 customers in the state Cetane Associates a provider of financial advisory services to owners of businesses in the retail energy distribution industry provided advisory services to the owners of R F Ohl which plans to retain ownership of its fuel products and HVAC services businesses 6 MARTIN MIDSTREAM PARTNERS ACQUIRES MARTIN TRANSPORT Martin Midstream Partners LP completed the purchase of Martin Transport Inc from Martin Resource Management Corp for 135 million plus a potential additional 10 million earn out based on a performance threshold Martin Transport Inc operates a fleet of tank trucks providing transportation of petroleum products LP gas chemicals sulfur and other products It also owns 23 terminals throughout the Gulf Coast and the Midwest 7 EDP ACQUIRES OHIO BASED ANDERSON PROPANE SERVICES Danny and Lisa Anderson owned and managed southeastern Ohio based Anderson Propane Services since 1999 The company was founded in 1955 by Danny Andersons grandfather and primarily serves residential customers in and around Caldwell and Uhrichsville Ohio www skybitz com 8888265546 2019 SkyBitz a business unit of AMETEK Inc All rights reserved 10 LPGas February 2019 LPGasmagazine com
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