OVERLAND PARK, Kan.,
Jan. 3, 2011 /PRNewswire/ --
Ferrellgas Partners, L.P. (NYSE: FGP) today announced the
acquisition of Bennett Gas Company, an independent propane retailer
based in Augusta, Georgia, that
services residential and industrial accounts in Georgia and South
Carolina. The acquisition marks the partnership's third
acquisition since the start of its fiscal year, which began
August 1, 2010. Terms of the deal
were not disclosed.
"Like Ferrellgas, Bennett Gas Company has a long, proud history
of servicing the propane needs of customers in eastern Georgia and western South Carolina," President and Chief Executive
Officer Steve Wambold says. "We look
forward to building on their proud tradition and to welcoming
Bennett's employees into the Ferrellgas family."
This most recent purchase adds to the approximately 225
acquisitions the company has completed in its more than 70-year
history. During that time, Ferrellgas has grown from a
single-location, independently owned propane retailer to a publicly
traded company that is one of the largest propane retailers in
the United States.
Ferrellgas Partners, L.P. is a Fortune 1000 company and, through
its operating partnership, Ferrellgas, L.P., serves approximately 1
million customers in all 50 states, the District of Columbia, and Puerto Rico. Ferrellgas employees indirectly
own more than 20 million common units of the partnership through an
employee stock ownership plan. More information about the company
can be found at www.ferrellgas.com.
Contact:
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Jim Saladin, Media Relations,
913-661-1833
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Tom Colvin, Investor Relations,
913-661-1530
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SOURCE Ferrellgas Partners, L.P.