Overland Park-based Ferrellgas has acquired the business of Wise Choice Propane. Wise Choice is an independently owned propane retailer with locations in Mount Vernon and Utica, OH. Annual sales were approximately $1.2 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 sixth 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.