Superior Plus Announces Us $240 Million Acquisition Of Kamps Propane, Significantly Expanding Superior’S Footprint In California
Acquiring Company
Superior Plus
Acquired Company
Kamps Propane
TorontoEnergyOil And GasRenewable EnergyDescription
Superior Plus Corp. (“Superior”) (TSX:SPB) is pleased to announce that one of its wholly-owned subsidiaries has entered into an agreement to acquire the equity interests of Kamps Propane, Inc., High Country Propane, Inc., Pick Up Propane, Inc., Kiva Energy, Inc., Competitive Capital, Inc. and Propane Construction and Meter Services (collectively, “Kamps”) for an aggregate purchase price of approximately US $240 million (CDN $299 million) before adjustments for working capital (the “Acquisition”). Superior anticipates drawing on its credit facility to fund the amount of the purchase price due on closing.
Quick answer
Superior Plus is acquiring Kamps Propane for $240 million, announced July 15, 2021. Superior Plus is based in Toronto, Ontario, Canada.
- How much did Superior Plus pay for Kamps Propane?
- The reported deal value is $240 million.
- What does Superior Plus do?
- Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada.
- Where are Superior Plus and Kamps Propane based?
- Superior Plus is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Superior Plus?
- Fundz holds 1 contact at Superior Plus. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Superior Plus, and when
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Frequently asked
Who acquired Kamps Propane?
Kamps Propane was acquired by Superior Plus, based in Toronto. The deal was reported on July 15, 2021. Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Superior Plus is privately held and operates in Energy.
When did Superior Plus acquire Kamps Propane?
Superior Plus's acquisition of Kamps Propane was reported on July 15, 2021. Superior Plus Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kamps Propane do?
Home | Kamps Propane - Kamps Propane | It is privately held.
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