A local propane company has been bought up by one of the largest propane companies in the US.
Ferrellgas Partners has purchased Williams Panhandle Propane, an independent propane retailer with locations in Tallahassee and Carrabelle. Ferrellgas Partners is a Fortune 1000 company; it serves approximately one million customers in all 50 states, the District of Columbia, and Puerto Rico making it one of the largest propane retailers in the United States.
This acquisition is the fifth for Ferrellgas since last August.
Terms of the deal were not disclosed.
Ferrelgas president Steve Wambold said the addition of Williams Panhandle provides the company with better access to Florida's growing state capital, as well as along its Gulf coast.
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