Market Overview

Florida Public Utilities Acquires The Propane Operating Assets Of Glades Gas Company

Florida Public Utilities Company (FPU), a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK), today announced that its propane subsidiary, Flo-Gas Corporation, has purchased the propane operating assets of Glades Gas Company. 

Glades Gas has been a family-owned and operated business for eighty years, providing propane service to approximately 3,000 residential and commercial accounts in Okeechobee, Glades and Hendry Counties.  Current owners, Monica Clark and Kevin McCarthy, will be working closely with Florida Public Utilities in transitioning the propane operating assets from Glades Gas.

Posted-In: News Asset Sales

 

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