Superior Propane Acquires CanWest
Superior Propane has completed the acquisition of Gibson Energy’s retail propane business Canwest Propane, which includes Stittco Energy. The transaction was subject to completion of closing conditions including regulatory approvals, which have now been obtained.
Together with Canwest, Superior Propane will be the largest propane distributor in Canada with approximately 200,000 customers, 1,700 employees across Canada and more than 250 combined distribution locations to efficiently service customers.
“I am excited to officially welcome Canwest, its people and its partners to the Superior Propane family. The combination of these two Canadian propane companies creates a strong platform and reflects the hard work and contributions of many employees from both organizations,” said Greg McCamus, President of Superior Propane. “We look forward to implementing our industry leading digital strategy to provide Canwest’s customers with an improved service offering to enhance the great customer service previously provided by Canwest.”
In addition to digital innovations like SMART TankTM sensors and mySUPERIOR online tools, the combined business will provide significant benefits to customers such as a greater distribution footprint and security of supply as well as more access to complete propane solutions and industry expertise.