EDP has acquired D&D Gas Company, headquartered in Jacksonville, Florida. This latest transaction expands EDP’s footprint into Florida, making it the 24th state in which the company serves customers.
D&D Gas Company was established in the 1970s by Jack Curran. His daughter and son-in-law later took over operations and ran the company until 2003 when it was purchased by Melvin Luciano and Lewis Spradlin. The two business partners have managed and significantly expanded the business over the last 21 years. The company primarily serves residential customers throughout the greater Jacksonville area.
Lewis Spradlin commented, “When we decided it was time for us to transition the business, we wanted to make certain our employees would be well cared for, and our customers would continue to receive safe, friendly, and reliable service. We realized EDP was the company we could count on to make that happen. All our employees have now become EDP team members, and we look forward to seeing D&D Gas Company continue to thrive in the years ahead.”
According to Thomas Knauff, EDP’s Chairman, “We are very pleased that Melvin and Lewis chose EDP when it came time for them to step away from the business. D&D Gas Company has a great reputation and we are happy to have this company be the first of our operations in the state of Florida.”
D&D Gas Company was represented by Blue Peak Resources. "Having the opportunity to represent Lewis and Melvin was a privilege,” said John Armentano, partner at Blue Peak. “They ran a first-class business that put their customers and employees first. I'm excited that they can move on to the next chapter of their lives knowing they are selling to a quality company like EDP.”