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New Deal


Announced

Completed

Superior Plus completed the acquisition of Rymes Propane and Oil for $163m.

Financials

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Transaction Value£121m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA7.95x
Share Price Premium-
One Off Charge-

Tags

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Integrated Oil and Gas

Friendly

United States

heating oil distribution

Majority

Acquisition

Completed

Single Bidder

retail propane

Private

Cross Border

Synopsis

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Superior Plus, an energy distribution and specialty chemicals company, completed the acquisition of Rymes Propane and Oil, a retail propane and heating oil distribution company, for $163m. “We’re looking forward to expanding our footprint in the New Hampshire and New England propane markets and growing our business in these attractive markets in the Northeast US,” Andy Peyton, Superior President.

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