Friday, October 28, 2016
CMP Energy, a privately owned company based in Philipsburg, Pa., has been acquired by Chicago-based Energy Distribution Partners (EDP). CMP Energy provides propane, fueloil, and HVAC services to about 8000 residential customers across central Pennsylvania. CMP Energy was founded by Robert Mitchell in 1954 as the Mitchell Oil Co. Mitchell’s son, Jeff Mitchell, took over the business in 1984 and his son, Robert Mitchell, continues to be involved in day-to-day operations. Over a series of mergers and acquisitions, the company evolved into CMP Energy.
“We are delighted to have CMP Energy join the EDP family of companies,” said Tom Knauff, Energy Distribution Partners’ CEO. “CMP has been dedicated to providing exceptional propane and heating oil service to customers in central Pennsylvania for over 60 years. We recognize that the Mitchell family has developed a loyal following over that period of time and we look forward to making certain that their company’s legacy will be preserved.”
“We are extremely pleased to announce the transition of CMP Energy to EDP,” added Jeff Mitchell. “We are confident the team at EDP will continue our family’s commitment to taking good care of our customers and our active involvement in the local community. Our business is in good hands for the future.”
Energy Distribution Partners is focused on growing its business in the propane and midstream industry. EDP’s strategy is to acquire successful operations, retain the brand name, preserve local management, and support local communities. The CMP Energy acquisition marks the fifth for EDP this year.
“We are delighted to have CMP Energy join the EDP family of companies,” said Tom Knauff, Energy Distribution Partners’ CEO. “CMP has been dedicated to providing exceptional propane and heating oil service to customers in central Pennsylvania for over 60 years. We recognize that the Mitchell family has developed a loyal following over that period of time and we look forward to making certain that their company’s legacy will be preserved.”
“We are extremely pleased to announce the transition of CMP Energy to EDP,” added Jeff Mitchell. “We are confident the team at EDP will continue our family’s commitment to taking good care of our customers and our active involvement in the local community. Our business is in good hands for the future.”
Energy Distribution Partners is focused on growing its business in the propane and midstream industry. EDP’s strategy is to acquire successful operations, retain the brand name, preserve local management, and support local communities. The CMP Energy acquisition marks the fifth for EDP this year.
