Written on: November 5, 2020 by ICM
Chesapeake Utilities Corp.’s propane subsidiary, Sharp Energy, has acquired Western Natural Gas Co. in Jacksonville, FL for an undisclosed sum. The deal closed Oct. 26.
Western Natural Gas services propane needs for home heating/cooling, appliances and pools and hot tubs in Florida to approximately 4,000 customers, It sells around 1M gallons of propane annually in four northeast Florida counties.
“Acquiring Western Natural Gas will assist us in meeting customer demand and expanding our propane distribution foundation in Florida”, said Jeff Householder, Chesapeake Utilities Corp. President & CEO in a statement. “…Acquiring Western Natural Gas will assist us in meeting customer demand and expanding our propane distribution foundation in Florida.”
