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UGI Corp's Subsidiary Completes Acquisition Of BP PLC's LPG Distribution Business In Poland


Wednesday, 4 Sep 2013 04:15pm EDT 

UGI Corp announced that its subsidiary, Flaga GmbH, has completed the acquisition of the liquefied petroleum gas (LPG) distribution business of BP in Poland. BP`s Polish LPG business distributed over 150 million gallons of LPG in 2012 serving the residential, commercial, autogas, and wholesale segments. UGI`s International Propane business distributed over 600 million gallons of LPG throughout Europe in fiscal 2012. The transaction was first announced in November 2012 and received regulatory approval in August 2013. Terms of the transaction were not disclosed. 

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1 Aug 2014