Overland Park-based Ferrellgas has acquired Kaw Valley Propane, which is the propane arm of Kaw Valley Electric Cooperative, based in Topeka, KS. The company had annual sales of approximately $2.2 million.
Ferrellgas Partners is one of the nation’s largest distributors of propane, serving customers in all 50 states, the District of Columbia and Puerto Rico. This is the fifth retail propane acquisition since August of 2013 for Ferrellgas.
Specific terms of the sale, which the company says will be immediately accretive, were not disclosed.