AmeriGas acquires assets of Horizon Propane

AmeriGas Partners LP, Valley Forge, Pa., has acquired substantially all of the retail propane distribution assets of Horizon Propane LLC, based near Cleveland, Ohio.

Oct. 21, 2003

By OGJ editors
HOUSTON, Nov. 21 -- AmeriGas Partners LP, Valley Forge, Pa., has acquired substantially all of the retail propane distribution assets of Horizon Propane LLC, based near Cleveland, Ohio.

Horizon Propane sells more than 30 million gal annually to 35,000 customers in 12 states. Terms of the transaction were not disclosed.

AmeriGas Partners is the largest US retail propane marketer, serving 1.2 million customers in 46 states. UGI Corp., through subsidiaries, owns 48% of the partnership, and individual unitholders own the remaining 52%.