M&A Deal Summary

Piedmont Propane Company Acquires Lincoln Moore County Propane

On September 23, 1997, Piedmont Propane Company acquired oil/gas exploration company Lincoln Moore County Propane

Acquisition Highlights
  • This is Piedmont Propane Company’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is Piedmont Propane Company’s 2nd transaction in the United States.
  • This is Piedmont Propane Company’s 1st transaction in Tennessee.

M&A Deal Summary

Date 1997-09-23
Target Lincoln Moore County Propane
Sector Oil/Gas Exploration
Buyer(s) Piedmont Propane Company
Deal Type Add-on Acquisition

Target

Lincoln Moore County Propane

Lynchburg, Tennessee, United States
Lincoln Moore County Propane provides oil/gas services in US.

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Buyer(S) 1

Buyer

Piedmont Propane Company

Charlotte, North Carolina, United States

Category Company
Sector Electronics
DESCRIPTION

Piedmont Natural Gas Company, Inc., is a gas utility company in the Southeast, is an energy and services company primarily engaged in the transportation and sale of natural gas to over 575,000 residential, commercial and industrial customers in North Carolina, South Carolina and Tennessee. Piedmont Propane Company, a subsidiary of Charlotte, North Carolina-based Piedmont Natural Gas Company.


DEAL STATS #
Overall 2 of 2
Sector: Oil/Gas Exploration M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Tennessee M&A 1 of 1
Country: United States M&A 2 of 2
Year: 1997 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-09-23 McCombs Oil Company

Morganton, North Carolina, United States

McCombs Oil Company, Inc. provides Oil/Gas exploration products in NC, USA.

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