Ferrellgas Acquires Companies, Expands Tennessee Footprint

August 17, 2017 — Ferrellgas Partners LP (Overland Park, Kan.) recently announced the acquisition of two Tennessee propane retailers, Lindsey Propane and Sevier County Propane. The transactions are expected to be immediately accretive and will allow Ferrellgas to better serve customers in central and eastern Tennessee. Terms of the transactions were not disclosed.

Located in Williamsport, Lindsey Propane offers commercial, industrial, agricultural, and residential propane services to customers in nine middle Tennessee counties. The company has been in business for more than 20 years. Sevier County Propane, in business for 25 years, is located in Sevierville and serves customers in the Knoxville area and eastern Tennessee.

“For decades, Lindsey Propane and Sevier County Propane have been known for their commitment to home-town service, and we plan to continue that tradition,” said Ferrellgas president and interim CEO Jim Ferrell. “Bringing these companies onboard allows us to enhance our operating efficiencies and more effectively serve new and existing customers in mid- and east Tennessee. Further, these moves are clear evidence that Ferrellgas remains active and committed to smart growth through acquisitions that complement our operating model.”