Propane Industry Mergers and Acquisitions Archives

EDP Acquires Hocon Gas

Energy Development Partners (EDP) finalized its acquisition of Hocon Gas on February 24, 2026, adding a Connecticut‑based propane distributor with more than 35,000 residential and commercial customers to its growing portfolio. The deal brings roughly 1,200 delivery trucks, multiple bulk‑storage terminals, and a well‑established service network into EDP’s existing Northeast operations, instantly expanding the company’s market share… Continue reading

Cetane Announces the Sale of Florida Public Utilities’ Marianna Propane Branch

NEW MILFORD, Conn. – June 27, 2024 – Cetane Associates (“Cetane”) is pleased to announce that Southern Quality Propane, Inc. (“SQP”), a Florida corporation, has acquired certain assets used in the operation of, or associated with, the full-service propane delivery business of the Marianna propane branch of Florida Public Utilities (“FPU”) located in Marianna, Fla.… Continue reading Cetane Announces the Sale of Florida Public Utilities’ Marianna Propane Branch