Recent Oil & Gas Acquisitions in South Carolina
Acquisition Volume in Oil & Gas in South Carolina by Year
Last 5 years
Actual
Full-year estimate
-
April 22, 2021
- Buyer
- Superior Plus Corp.
- Target
- Freeman Gas & Electric Co., Inc.
- Seller
- Freeman Gas & Electric Co., Inc.
- Industry
- Oil & Gas
- Location
- South Carolina, United States
- Type
- Buyout
Superior Plus Corp., through a wholly‑owned subsidiary, agreed to acquire the assets of Freeman Gas & Electric Co., Inc. for approximately US$170 million to expand its U.S. propane distribution footprint in the Southeast. Freeman is a family‑owned retail propane distributor with ~23 branches, ~38 bulk plants and about 275 employees servicing residential and commercial customers across North Carolina, South Carolina and Georgia.
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