Acquiring Company
UGI
Acquired Company
Mountaineer Gas
Description
UGI Corporation (NYSE: UGI) has completed the previously announced acquisition of Mountaintop Energy Holdings LLC, owner of Mountaineer Gas Company (“Mountaineer”), the largest gas local distribution company in West Virginia, for an enterprise value of $540 million. With all closing conditions now satisfied, including final regulatory approval from the West Virginia Public Service Commission, Mountaineer becomes the newest wholly-owned subsidiary of UGI.
Quick answer
UGI is acquiring Mountaineer Gas, announced September 1, 2021. UGI is based in King Of Prussia, Pennsylvania, United States.
- How much did UGI pay for Mountaineer Gas?
- The deal value was not disclosed.
- What does UGI do?
- UGI Corp. is a natural-gas and electric distribution utility that operates in Pennsylvania and Europe.
- Where are UGI and Mountaineer Gas based?
- UGI is based in King Of Prussia, Pennsylvania, United States.
- Who are the decision-makers at UGI?
- Fundz holds 1 contact at UGI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at UGI, and when
When UGI changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Related People
Frequently asked
Who acquired Mountaineer Gas?
Mountaineer Gas was acquired by UGI, based in King Of Prussia. The deal was reported on September 1, 2021. UGI Corp. is a natural-gas and electric distribution utility that operates in Pennsylvania and Europe. UGI is publicly traded (UGI) and operates in Manufacturing.
When did UGI acquire Mountaineer Gas?
UGI's acquisition of Mountaineer Gas was reported on September 1, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mountaineer Gas do?
Mountaineer Gas is the company acquired in this transaction. It is privately held.
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