EDP acquired Hocon Gas, a Connecticut-based provider of propane, fuel oil and related services. Hocon Gas operates from five locations within Connecticut, serving more than 35,000 customers throughout the state.
Hocon Gas was founded more than 75 years ago by Mike Gable and his wife, Lauree, beginning with a single location in Norwalk. In 1980, leadership of the company transitioned to their son, David Gable, who significantly expanded the business through the addition of four locations. Mr. Gable has been an active participant in national and regional propane industry associations for many years.
“We are pleased to welcome Hocon Gas to the EDP family,” said Kevin Pollack, chief executive officer of EDP. “The organization’s longstanding commitment to operational excellence and customer service reflects the values established by its founder and carried forward by David and his team. This acquisition provides EDP with a statewide presence in the Connecticut market. We are honored to be a part of the next chapter of Hocon’s growth.”
David Gable commented, “I have known EDP’s senior leadership for many years and have consistently believed that their business model and reputation would make them the ideal steward of Hocon Gas. I am confident that EDP will continue to support our employees and customers and am very pleased with this outcome.”
EDP is actively seeking to expand its national footprint through the addition of new retail propane and midstream operations. For more information, please visit www.edplp.net.
