Superior Plus Corp. Acquires Rymes Propane and Oil
August 25, 2020
Superior Plus Corp.'s wholly-owned U.S. subsidiary agreed to acquire the assets of Rymes Propane and Oil for approximately US$159 million, expanding Superior's U.S. propane distribution footprint in New Hampshire and New England. Rymes is a family-owned retail propane and heating oil distributor with about 46 operating locations, ~370 employees and ~88,000 residential and commercial customers.
- Buyers
- Superior Plus Corp.
- Targets
- Rymes Propane and Oil
- Sellers
- Rymes family
- Industry
- Oil & Gas
- Location
- New Hampshire, United States
- Transaction Type
- Buyout
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