Chesapeake Utilities announced that its subsidiary, Florida Public Utilities, or FPU, has acquired the propane operating assets of Hernando Gas, based in Hernando, Florida. "Through this acquisition, the company expands its operating footprint further into Florida, where customers will be served by FPU," the company stated. "Propane’s reliability, versatility and superior performance make it a fuel of choice for many Floridians. We are confident that FPU will provide our new propane customers with the same exceptional service that they have been accustomed to receiving," added Jeff Householder, president and CEO of Chesapeake Utilities.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on CPK:
- Chesapeake Utilities Corporation Expands Propane Services in Florida with Acquisition of Hernando Gas
- Chesapeake Utilities price target raised to $115 from $110 at Wells Fargo
- Chesapeake Utilities participates in a conference call with Maxim
- Chesapeake Utilities Corporation Announces Acquisition of Planet Found
- Chesapeake Utilities Corporation Announces Quarterly Dividend
