ThompsonGas Acquires Minnesota’s North Shore Oil & Propane

(April 2, 2018) — ThompsonGas (Frederick, Md.) has acquired North Shore Oil & Propane, a heating fuel provider in northern Minnesota. Details of the transaction were not released. ThompsonGas said it is proud to welcome the company and is committed to serving the residential, commercial, and industrial customers who have valued North Shore’s presence in the region for more than 50 years.

Founded in 1977, North Shore serves customers in Silver Bay, Minn. and the surrounding area and is a one-stop shop for heating, plumbing, and automotive needs. “Wade Leblanc built a company with strong values and a commitment to customer service,” said Derek Ashmore, regional vice president of ThompsonGas.

“The opportunity to carry on his legacy with North Shore Oil & Propane is truly an honor. We look forward to offering additional value and services to the community.” The deal represents ThompsonGas’s second major investment in the region. It previously purchased the assets of Como Oil & Propane in 2015.

“This is a smart next step for the future of North Shore Oil & Propane,” said Ashmore. “Our two companies will blend together smoothly with a renewed focus on our customers. This acquisition will allow us to strengthen our service offering to customers to include better efficiencies, enhanced fuel ordering technology, and a better overall value.”

“The strong communities in northern Minnesota make it an excellent place to do business,” added George Koloroutis, CEO of ThompsonGas. “The entire team at ThompsonGas is looking forward to expanding our investment in the region and provide our customers with the best products and services available on the market.” The acquisition strengthens ThompsonGas’s national footprint by expanding its presence in northern Minnesota. The growing enterprise now serves more than 87,000 customers in 14 states.