Superior Completes Acquisition of Freeman Gas

Source: www.gulfoilandgas.com 6/16/2021, Location: North America

Superior Plus Corp. has closed the previously announced acquisition of the assets of a retail propane distribution company based in South Carolina, operating under the tradename, Freeman Gas and Electric Co., Inc. (“Freeman”). The purchase price was paid with cash on hand.

"I am excited to welcome the Freeman employees and customers to the Superior Plus Propane family,” said Luc Desjardins, Superior’s President and CEO. “We’re looking forward to expanding our footprint in the Southeast U.S. and growing our business in this attractive market.”

Updated 2021 Adjusted EBITDA Guidance
Based on results of the first quarter and the expected contribution from Freeman for the remainder of the year, Superior is updating the 2021 Adjusted EBITDA guidance of $370 million to $410 million to a range of $380 million to $420 million, which increases the midpoint from $390 million to $400 million.


Norway >>  7/1/2022 - TGS ASA has acquired Prediktor AS ("Prediktor"), a leading provider of asset management and real-time data management solutions to renewable and energ...
United States >>  7/1/2022 - Chord Energy Corporation announced the successful completion of the combination of Whiting Petroleum Corporation ("Whiting") and Oasis Petroleum Inc. ...

Norway >>  6/30/2022 - In reference to the 26 January press release stating that Green Energy Group (SBX Plc, or "the Company") had initiated a strategic review, and the 28 ...
Norway >>  6/30/2022 - Lundin Energy’s E&P business was transferred to Aker BP on 30 June. “Our ambition is to create the world’s best oil and gas company with low costs, lo...

Norway >>  6/30/2022 - In reference to announcement made on 9 March 2022 on Pandion Energy acquiring the shares of ONE-Dyas Norge AS. Pandion Energy hereby announces that th...
Singapore >>  6/30/2022 - The Keppel Marina East Desalination Plant (KMEDP), which is owned by Keppel Infrastructure Holdings Limited (Keppel Infrastructure), and Keppel Infras...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.