Kamps Propane

TORONTOSuperior Plus Corp. announced that it has completed the previously announced acquisition of the equity interests of Kamps Propane Inc., High Country Propane Inc., Pick Up Propane Inc., Competitive Capital Inc. and Propane Construction and Meter Services (collectively, Kamps Propane) and Kiva Energy Inc. (Kiva Energy) for a purchase price of approximately US$240 million (CDN $302 million). The purchase price was paid with funds drawn from Superior’s existing credit facility.

TORONTO — Superior Plus Corp. has announced that one of its wholly-owned subsidiaries has entered into an agreement to acquire the equity interests of Kamps Propane Inc., High Country Propane Inc., Pick Up Propane Inc., Kiva Energy Inc., Competitive Capital Inc. and Propane Construction and Meter Services (collectively, “Kamps”) for an aggregate purchase price of approximately US $240 million (CDN $299 million) before adjustments for working capital.