Le Lézard
Classified in: Oil industry, Business
Subject: TAKEOVERS/ LETTER of INTENT

Superior Plus Announces Completion of the Acquisition of R.W. Earhart



TORONTO, ONTARIO--(Marketwired - Oct. 2, 2017) - Superior Plus Corp. (TSX:SPB) ("Superior") is pleased to announce that it has closed the previously announced acquisition of the propane distribution assets of R.W. Earhart Company for an aggregate purchase price of approximately US $38.0 million. The purchase price 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: www.superiorplus.com.


These press releases may also interest you

at 20:14
MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") announces financial results for the three and six month periods ended June 30, 2018. The following should be read in conjunction with the Corporation's unaudited interim condensed...

at 19:09
AKITA Drilling Ltd. and Xtreme Drilling Corp. are pleased to announce that yesterday they received the approval of the Court of Queen's Bench of Alberta for the previously announced plan of arrangement (the "Arrangement") under the Business...

at 18:44
The Ministère de l'Énergie et des Ressources naturelles (MERN) and the Société du Plan Nord (SPN) are launching a call for proposals to identify a supplier able to provide liquefied natural gas (LNG) to the Côte-Nord region. The call for proposals...

at 18:05
Conrad Industries, Inc. announced today its second quarter and six months 2018 financial results and backlog at June 30, 2018. For the quarter ended June 30, 2018, Conrad had net income of $4.7 million and earnings per diluted share of $0.94...

at 17:56
Companhia Paranaense de Energia - Copel , a company that generates, transmits, distributes and sells power, announces its results for the second quarter of 2018 and would like to invite you all for its conference call tomorrow to discuss its results....

at 17:54
Pomerantz LLP is investigating claims on behalf of investors of Gold Fields Limited. ("Gold Fields" or the "Company") .   Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The...




News published on 2 october 2017 at 18:33 and distributed by: