Superior Plus Announces Completion of the Acquisition of Yankee Propane and Virginia Propane

Superior Plus Announces Completion of the Acquisition of Yankee Propane and Virginia Propane

ID: 554879

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 08/01/17 -- Superior Plus Corp. ("Superior") (TSX: SPB) is pleased to announce that it has closed the previously announced acquisition of the assets of Yankee Propane Inc. and Virginia Propane Inc. for an aggregate purchase price of approximately US $31.5 million. The amount of the purchase price payable on closing of approximately US $27.5 million was paid with cash from Superior's credit facility.

About the Corporation

Superior consists of two primary operating businesses: Energy Distribution includes the distribution of propane and distillates, and supply portfolio management; and Specialty Chemicals includes the manufacture and sale of specialty chemicals.

For further information about Superior, please visit our website at .



Contacts:
Beth Summers
Senior Vice President and Chief Financial Officer
(416) 340-6015

Rob Dorran
Vice President, Investor Relations and Treasurer
(416) 340-6003
Toll Free: 1-866-490-PLUS (7587)



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Bereitgestellt von Benutzer: Marketwired
Datum: 01.08.2017 - 19:10 Uhr
Sprache: Deutsch
News-ID 554879
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO



Kategorie:

Specialty Chemicals



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"Superior Plus Announces Completion of the Acquisition of Yankee Propane and Virginia Propane"
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