PRESS RELEASES
<< Back
Printer Friendly Version  Print Version
Acquisitions Bring 6,000 Customers to Ferrellgas Partners, L.P.

OVERLAND PARK, Kan., Oct. 13 /PRNewswire-FirstCall/ -- Ferrellgas Partners, L.P. (NYSE: FGP), one of the nation's largest propane distributors, today announced that it has acquired the assets of 1st Propane of Poplar, Wisconsin, and Getman's Gas Company of Ovid, New York. These transactions are the company's fourth and fifth acquisitions since the beginning of its fiscal year on August 1, 2006.

The Getman's acquisition brings more than 5,000 customers to Ferrellgas in New York's Finger Lakes region. The 1st Propane transaction represents a gain of approximately 900 customers in the Twin Ports area of northwestern Wisconsin.

"These deals continue our strategy of acquiring well run propane companies," says Vice President of Corporate Development Brian Kline. "These companies are a great complement to our existing operations and have reputations for service and safety that closely mirror our own. We look forward to welcoming their employees into the Ferrellgas family."

Ferrellgas Partners, L.P. is a Fortune 1000 company and, through its operating partnership, Ferrellgas, L.P., serves more than one million customers in all 50 states, the District of Columbia, Puerto Rico and Canada. Ferrellgas employees indirectly own more than 20 million common units of the partnership through an employee stock ownership plan.

Contact: Scott Brockelmeyer, Media Relations, 913-661-1830

Ryan VanWinkle, Investor Relations, 913-661-1528
SOURCE Ferrellgas Partners, L.P.