Superior Plus Announces Completion of the Acquisition of R.W. Earhart
TORONTO, ONTARIO--(Marketwired - Oct. 2, 2017) - Superior Plus Corp. (TSX:SPB) ("Superior") is pleased to announce that it has closed the previously announced acquisition of the propane distribution assets of R.W. Earhart Company for an aggregate purchase price of approximately US $38.0 million. The purchase price was paid with cash from Superior's credit facility.
About the Corporation
Superior consists of two primary operating businesses: Energy Distribution includes the distribution of propane and distillates, and supply portfolio management; and Specialty Chemicals includes the manufacture and sale of specialty chemicals.
For further information about Superior, please visit our website at: www.superiorplus.com.
Senior Vice President and Chief Financial Officer
Superior Plus Corp.
Vice President, Investor Relations and Treasurer
(416) 340-6003 or Toll Free: 1-866-490-PLUS (7587)