AmeriGas Acquires U.S. Propane Distribution Business of Shell.VALLEY FORGE, Pa. -- AmeriGas Partners, L.P. (NYSE NYSE See: New York Stock Exchange :APU APU Azusa Pacific University APU Auxiliary Power Unit APU Alaska Pacific University APU Asia Pacific University (Japan) APU American Public University APU Anglia Polytechnic University (Chelmsford) ), announced that its operating partnership has acquired Shell Gas (LPG LPG: see liquefied petroleum gas. 1. LPG - Linguaggio Procedure Grafiche (Italian for "Graphical Procedures Language"). dott. Gabriele Selmi. Roughly a cross between Fortran and APL, with graphical-oriented extensions and several peculiarities. ) USA, which owns and operates a retail propane distribution business. The business sells over 13 million gallons of propane annually to nearly 20,000 customers from twelve locations in Michigan. Terms of the transaction were not disclosed. AmeriGas Partners is the nation's largest retail propane marketer, serving nearly 1.3 million customers from over 600 distribution locations in 46 states. UGI Corporation (NYSE:UGI UGI abbr. upper gastrointestinal (as in series) ), through subsidiaries, owns 44% of the Partnership and individual unitholders own the remaining 56%. Comprehensive information about AmeriGas is available on the Internet at http://www.amerigas.com. |
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