Wednesday, September 19, 2018
(September 19, 2018) — Energy Distribution Partners (“EDP”), based in Chicago, Illinois, has acquired the Los Angeles- area operations of Delta Liquid Energy (“DLE”). The two operations, located in Pomona and Sylmar, California, serve commercial and residential customers in and around those two communities. Expo Propane, an EDP operation based in Los Angeles, has assumed management of the two facilities. The DLE transaction is EDP’s fourth in 2018, and upon its closing Expo Propane is anticipated to be the third-largest propane service provider in the Los Angeles area.
DLE, owned by the Platz family, was founded in 1936 and has grown to ten locations in California and one in Nevada. The Platz family is retaining ownership of all the remaining locations. The operations transitioning to Expo Propane include the offices and bulk storage operations in Pomona and Sylmar. The service territories include the counties of Los Angeles, Orange, San Bernardino and Riverside, blending with the service territory already served by Expo Propane. All employees at the two DLE lcations have joined Expo Propane.
William Platz, President of Delta Liquid Energy, said “Energy Distribution Partners is a quality organization and their team is known for taking great care of their employees and their customers. We are confident our employees who are transitioning to Expo Propane will be well taken care of and that our customers will continue to receive top notch customer service. We also look forward to a continued partnership with Expo Propane through our ARRO Autogas refueling network in the LA Basin. This network offers an opportunity for fleet vehicles to fill at any ARRO Autogas station throughout Los Angeles 24/7."
Tom Knauff, President and CEO of Energy Distribution Partners, commented, “We are delighted to have these two Delta Liquid Energy propane facilities become part of the EDP family. The two locations are an ideal fit for our Expo Propane operation, given the overlapping service area. Bill Platz and his team at DLE run a successful operation and have taken excellent care of both their employees and their customers. We will continue to provide the same level of exceptional service that DLE’s customers have come to expect, and we look forward to welcoming the employees and customers into the EDP/Expo Propane family.”
About Energy Distribution Partners
Energy Distribution Partners is a rapidly-growing company in America's fast-changing energy landscape – with deep experience in retail and commercial propane sales, operations and finance. The company provides safe, reliable propane service to residential and commercial customers in California, Washington, Minnesota, Wisconsin, Michigan, Ohio, Pennsylvania, New York and South Carolina. Energy Distribution Partners pursues a long-term strategy of purchasing successful operations in propane and other fuels and in the midstream energy sector, retaining the brand name, preserving local management and delegating to leaders in local communities. This is EDP’s 18th transaction. The company is actively seeking partners for growth. For more information, please visit www.edplp.net.
DLE, owned by the Platz family, was founded in 1936 and has grown to ten locations in California and one in Nevada. The Platz family is retaining ownership of all the remaining locations. The operations transitioning to Expo Propane include the offices and bulk storage operations in Pomona and Sylmar. The service territories include the counties of Los Angeles, Orange, San Bernardino and Riverside, blending with the service territory already served by Expo Propane. All employees at the two DLE lcations have joined Expo Propane.
William Platz, President of Delta Liquid Energy, said “Energy Distribution Partners is a quality organization and their team is known for taking great care of their employees and their customers. We are confident our employees who are transitioning to Expo Propane will be well taken care of and that our customers will continue to receive top notch customer service. We also look forward to a continued partnership with Expo Propane through our ARRO Autogas refueling network in the LA Basin. This network offers an opportunity for fleet vehicles to fill at any ARRO Autogas station throughout Los Angeles 24/7."
Tom Knauff, President and CEO of Energy Distribution Partners, commented, “We are delighted to have these two Delta Liquid Energy propane facilities become part of the EDP family. The two locations are an ideal fit for our Expo Propane operation, given the overlapping service area. Bill Platz and his team at DLE run a successful operation and have taken excellent care of both their employees and their customers. We will continue to provide the same level of exceptional service that DLE’s customers have come to expect, and we look forward to welcoming the employees and customers into the EDP/Expo Propane family.”
About Energy Distribution Partners
Energy Distribution Partners is a rapidly-growing company in America's fast-changing energy landscape – with deep experience in retail and commercial propane sales, operations and finance. The company provides safe, reliable propane service to residential and commercial customers in California, Washington, Minnesota, Wisconsin, Michigan, Ohio, Pennsylvania, New York and South Carolina. Energy Distribution Partners pursues a long-term strategy of purchasing successful operations in propane and other fuels and in the midstream energy sector, retaining the brand name, preserving local management and delegating to leaders in local communities. This is EDP’s 18th transaction. The company is actively seeking partners for growth. For more information, please visit www.edplp.net.