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    Merrill Gas Acquired by AmeriGas    
    Wednesday, January 25 2012 @ 09:58 AM GMT+5
    Contributed by: cgrotke

    BusinessMerrill Gas has new ownership, but customers should see no changes according to District Manager Matt Henry.

    Merrill Gas was sold to Heritage Operating LP (part of Energy Transfer Partners)on October 1st , 2011. Energy Transfer Partners then sold the propane division, Heritage Propane, to AmeriGas as a way to raise money to buy another company, Southern Union Co.  The AmeriGas - Heritage Propane merger was completed on January 12th of this year.

    According to Bloomberg news, AmeriGas Partners LP paid $1.5 billion in cash and about $1.3 billion in AmeriGas common stock, and assumed $71 million of debt from Energy Transfer Partners. The deal gives AmeriGas a million more customers in 41 states.

    What can local customers expect? “We will continue to operate out of Brattleboro office and do business as Merrill Gas and all of our employees are still the same, so our customers will not see any changes,” said Henry.

    Merrill Gas was locally owned and operated in Brattleboro since 1946. You can find them at www.merrillgas.com

    AmeriGas is based in King of Prussia, Pennsylvania. You can find them at www.amerigas.com

     

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  • Merrill Gas Acquired by AmeriGas | 2 comments | Create New Account
    The following comments are owned by whomever posted them. This site is not responsible for what they may say.
    Merrill Gas Acquired by AmeriGas
    Authored by: DonInGuilford on Wednesday, January 25 2012 @ 12:17 PM GMT+5
    Sad to see another local, family-owned enterprise
    conglomerized. The promise is always that it'll stay the
    same, and usually for awhile it is, or appears to be.

    Lately, a bunch of us on this site have been discussing the
    transformation of the former family-owned local newspaper
    after it was bought up & the buy-up was bought up &c.

    And remember how seamless it was going to be when
    Verizon got snapped up by Fairpointe?

    Sometimes it's not so bad, but even the swallowing of
    Vermont National Bank by Chittenden by People's had its
    fallout: VNB was headquartered right in Brattleboro. When
    Chittenden took over a lot of employees lost their jobs,
    notably at the operations center on Putney Rd. Another
    result of the buyout was that it became harder for local
    nonprofits to get financial support from the bank, once it
    wasn't local.

    Usually the most destructive part of these acquisitions is
    that employees start to lose status. Pay cuts, job re-
    jiggering &c. We saw that when the Reformer was sold.
    And we'll see it again. Then what happens is customer
    service slips. Merrill is a prime example of a company
    where customer service is paramount.
    Merrill Gas Acquired by AmeriGas
    Authored by: KAlden on Wednesday, January 25 2012 @ 12:42 PM GMT+5
    This is very interesting to me. I have a close friend who works for Amerigas in one of their MA offices and they are all terrified that this merger will mean massive layoffs for Amerigas employees. She has worked for them for 16 years and has no guarantee that she will be kept on. Not a good situation. I wonder if it will affect Merrill employees down the road?
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