LIBERTY, Mo., Sept. 4 /PRNewswire-FirstCall/ -- Ferrellgas Partners, L.P.
(NYSE: FGP), one of the nation's largest propane retailers, announced today
the acquisition of Bud's Propane Service, Inc. of Portland, Oregon.
The acquisition represents Ferrellgas' 63rd since becoming a publicly
traded company in 1994.
"Ferrellgas is excited about the addition of Bud's Propane to the
Ferrellgas family," said Senior Vice President of Corporate Development
Kenneth A. Heinz. "With this acquisition, we are able to further enhance our
strong local presence in the Portland area and position ourselves for
continued growth."
Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas,
L.P., currently serves more than 1 million customers in 45 states. Ferrellgas
employees indirectly own more than 17 million units of the partnership through
an employee stock ownership plan. Ferrellgas trades on the New York Stock
Exchange under the ticker symbol FGP.
CONTACT: Ryan VanWinkle, Investor Relations, +1-816-792-7998, or Scott
Brockelmeyer, Media Relations, +1-816-792-7837, both of Ferrellgas Partners,
L.P.
SOURCE Ferrellgas Partners, L.P.
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Related links: http://www.ferrellgas.com
CONTACT: Ryan VanWinkle, Investor Relations, +1-816-792-7998, or Scott Brockelmeyer, Media Relations, +1-816-792-7837, both of Ferrellgas Partners, L.P.
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