Inergy will acquire Hancock operations

Sep 1, 2002 12:00 PM

Inergy LP plans to acquire the operations of Hancock Gas Service Inc, headquartered in Findlay OH. Hancock operates four customer service centers and two satellite plants in northwestern Ohio. The company delivers about 7.4 million gallons of propane per year to 8,500 customers. Its employees will continue to serve customers under the regionally known Hancock name. Subject to standard closing conditions, the transaction is expected to close in September 2002.

Based in Kansas City MO, Inergy is a propane gas marketing and distribution business. Its operations include retail marketing, sale, and distribution of propane to residential, commercial, industrial, and agricultural customers and the wholesale marketing of propane to independent dealers and multi-state marketers. Inergy also operates a supply logistics and transportation business. It serves nearly 200,000 retail customers from 98 customer service centers.

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