Ferrellgas to acquire Economy Propane

09/23/2011

Ferrellgas Partners acquired Lakeport, Calif.-based Economy Propane, the company announced. The deal would be the fourth of the year for Ferrellgas. Terms of the deal were not disclosed. "Economy Propane is a perfect example of a company that meets Ferrellgas' strict criteria of acquiring good businesses in good markets," said Ferrelgas President and CEO Steve Wambold in a statement. Read the company's announcement.