M&A Deal Summary

Superior Plus Acquires Miller Propane

On February 11, 2021, Superior Plus acquired distribution company Miller Propane

Acquisition Highlights
  • This is Superior Plus’ 18th transaction in the Distribution sector.
  • This is Superior Plus’ 6th transaction in Canada.
  • This is Superior Plus’ 1st transaction in Quebec.

M&A Deal Summary
Date 2021-02-11
Target Miller Propane
Sector Distribution
Buyer(s) Superior Plus
Deal Type Add-on Acquisition

Target

Miller Propane

Mont-Tremblant, Quebec, Canada
Miller Propane is a well-established retail propane distributor in the Mont-Tremblant area with annual volumes of approximately 4 million liters and 5,600 residential and commercial customers.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Superior Plus

Toronto, Ontario, Canada
Category Company
Founded 1989
Sector Diversified
Employees4,261
Revenue 3.4B CAD (2023)
DESCRIPTION

Superior Plus is a diversified company that engages in the energy distribution and specialty chemicals business. The company operates two separate businesses: Energy Distribution and Specialty Chemicals. All of the businesses are operated on the principles of entrepreneurship, continuous improvement, executing on objectives, safety, and teamwork. Superior Plus was founded in 1989 and is headquartered in Toronto, Ontario.

DEAL STATS #
Overall 24 of 32
Sector (Distribution) 18 of 21
Type (Add-on Acquisition) 20 of 27
State (Quebec) 1 of 1
Country (Canada) 6 of 7
Year (2021) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-11 Highlands Propane

Fenelon Falls, Ontario, Canada

Highlands Propane is a primarily residential propane distributor based in Fenelon Falls, Ontario, and delivers approximately 13 million liters of propane annually.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 ERCO Worldwide

Mississauga, Ontario, Canada

ERCO Worldwide is focused largely on the production and supply of in-organic products along with technology for the production of chlorine dioxide. ERCO Worldwide was founded in 1897 and is based in Mississauga, Ontario.

Sell $725M
Mergr

Product

Company

Legal