Announced
Completed
Financials
Tags
Completed
United States
gas distribution
Single Bidder
Private
natural gas
Acquisition
Gas Distribution
Friendly
Majority
Domestic
Synopsis
UGI, a distributor and marketer of energy products and services, completed the acquisition of Mountaineer Gas, the largest gas local distribution company in West Virginia, for $540m. “We are very pleased to complete this important acquisition and expand our core utility operations in the mid-Atlantic region. I am also confident that Dave will provide excellent leadership of Mountaineer,” Roger Perreault, UGI President and CEO.
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