Add-on acquisition May 2013 · Worcester County, Maryland
Chesapeake subsidiary Sandpiper Energy acquires Eastern Shore Gas assets
Chesapeake's subsidiary Sandpiper Energy acquired the operating assets of Eastern Shore Gas Co., expanding its footprint in Worcester County. This is a utility (propane/gas) asset acquisition, adjacent to but not within the home-service trades roll-up scope.
“On May 31, 2013, Chesapeake’s subsidiary, Sandpiper Energy, acquired the operating assets of Eastern Shore Gas Co. (ESG), enabling the company to significantly expand its footprint in Worcester County.”
Entities
Chesapeake Utilities Corp. · Parent Eastern Shore Gas Co. · Target Sandpiper Energy · Acquirer
Other
Source: www.achrnews.com
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