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Superior Plus Corp

Company Summary

Description

Superior Plus distributes and markets propane and distillates, in both the U.S. and Canada, and supplies sodium chlorate, chlor-alkali and potassium and sodium chlorite in North America and internationally.

Website

http://www.superiorplus.com/about/

Operational Regions

  • International
  • United States

Financial Data:


Tickers:

  • SPB - Toronto Stock Exchange

Related Entities

Recent news

  • 7/15/2021 - Superior Plus Corp... (subscriber access)
  • 8/4/2020 - Superior Plus Corp.... (subscriber access)
  • 7/14/2020 - Superior Plus Corp.... (subscriber access)
  • 10/3/2018 - Superior Completes... (subscriber access)
  • 7/10/2018 - Superior Plus Closes on... (subscriber access)

Company Transactions

Date: 10/15/2021
Type: Acquisition

DETAILS:

COST: 240 $MM

NOTES:
Superior Plus has entered into a deal to acquire Kamps Propane in a $240 million deal, which includes equity interests in multiple subsidiaries. Kamps serves 45,000 customers across California with propane.
REGIONS:
  • California
  • Date: 10/3/2018
    Type: Acquisition

    DETAILS:
    NOTES:
    Superior Plus Corp. closed its previously announced acquisition of all the issued and outstanding shares of United Liquid Gas Company paid in cash from Superior's credit facility.

    Date: 7/10/2018
    Type: Acquisition

    DETAILS:

    COST: 900 $MM

    NOTES:
    NGL Energy Partners has entered into a deal with Superior Plus Corp. to sell its remaining retail propane business for $900 million in cash.

    Date: 4/15/2018
    Type: Acquisition

    BUYERS:
  • Sunoco LP
  • DETAILS:

    COST: 40 $MM

    VOLUMES: 5479 Gls/d

    NOTES:
    The assets consist of a network of approximately 100 dealers, several hundred commercial contracts and three terminals, which are connected to major pipelines serving the Upstate New York market. The wholesale fuels business sells approximately 200 million gallons of fuel annually through multiple channels. The three terminals have a combined 17 tanks with 429 thousand barrels of storage capacity.
    REGIONS:
  • United States
  • Date: 8/1/2017
    Type: Acquisition

    DETAILS:

    COST: 31.5 $MM

    NOTES:
    Superior Plus Corp. reported that it has completed the acquisition of Yankee Propane Inc. and Virginia Propane Inc. for a combined purchase price of $31.5 million.
    REGIONS:
  • United States