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Superior Plus Completes Acquisition of Hopkins Propane and Acquires a North Carolina Propane Distributor

TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB) announced today it has closed the previously announced acquisition of the assets of a retail propane distribution company operating under the tradename “Hopkins Propane” (“Hopkins”).

Superior also announced today it has acquired the assets of Mountain Energy Gas (“Mountain Energy”), a small distributor based in Waynesville, North Carolina in a separate transaction.

“I am excited to welcome the employees and customers of Hopkins and Mountain Energy to the Superior family,” said Luc Desjardins, Superior’s President and CEO. “We’re looking forward to expanding our footprint in the Michigan and North Carolina retail propane markets and growing our business in these attractive markets.”

About the Corporation

Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 780,000 customer locations in the U.S. and Canada.

For further information about Superior, please visit our website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: investor-relations@superiorplus.com, Toll Free: 1-866-490-PLUS (7587).

Contacts

Beth Summers
Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran
Vice President, Investor Relations and Treasurer
Tel: (416) 340-6003
E-mail: investor-relations@superiorplus.com
Toll Free: 1-866-490-PLUS (7587).

Industry:

Superior Plus

TSX:SPB
Release Versions
English

Contacts

Beth Summers
Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran
Vice President, Investor Relations and Treasurer
Tel: (416) 340-6003
E-mail: investor-relations@superiorplus.com
Toll Free: 1-866-490-PLUS (7587).

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