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The regional company had 70,000 customers and 57 retail outlets in seven states, the largest concentration of these being in Georgia and Texas. Late 2003 and early 2004 were highlighted by the acquisitions of Aeropres Propane of Bossier City, Louisiana, and Suburban Propane Partners's operations in Texas, Oklahoma, Kansas, and Missouri.
The company was founded in 1933 by Reginald B. Newman; it was incorporated as R.B. Newman Fuel Company on January 12, 1948. Donald F. Newman and Reginald B. Newman II, his sons, joined the company in 1954 and 1960, respectively. With the sons there, the company acquired a new terminal facility and expanded the product lines.
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In October 2017, the company acquired Totalgaz Italia, a liquefied petroleum gas distribution business, and renamed it UniverGas Italia. [14] In December 2018, the company acquired South Jersey Industries’s retail natural gas business. [15] On August 1, 2019, the company acquired Columbia Midstream Group for approximately $1.275 billion. [16]
AmeriGas was founded in 1959. In October 2008, it acquired the propane assets of Penn Fuel Propane for $32 million. [4]In January 2012, it acquired Heritage Propane from Energy Transfer Partners for approximately $1.46 billion in cash and $1.32 billion in common units and the assumption of debt.
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It was founded in 1998 by its current president and CEO John J. Sherman after he sold his start up propane marketing company LPG Services Group to Dynegy. [3] As of November 2010, the company had acquired 89 businesses – mostly regional and local propane distributors.
Commonwealth could trace its history back to the DeSchaum Motor Syndicate, later renamed Suburban Limiteds, who founded in 1908 in Buffalo, New York. [3] The Mogul combined the sturdy Commonwealth frame with a purpose-built taxicab body from Lomberg Auto Body Manufacturing Company , who were founded in the late 1910s by Russian immigrant ...