Announced
Completed
Synopsis
Superior Plus, a Canada-based diversified business corporation, completed the acquisition of Champagne’s Energy, a retail propane distribution company. Financial terms were not disclosed. "The acquisition of Champagne is Superior’s second tuck-in acquisition in 2020 and scales our existing footprint in Maine. Champagne is a well-run, customer-focused business and we look forward to welcoming the team to Superior. The preferred share investment from Brookfield Asset Management Inc. has improved our financial strength and enhanced our liquidity, enabling us to accelerate our retail propane acquisition strategy," Luc Desjardins, Superior President and CEO.
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