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.


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