AP NEWS

Superior Plus Announces Completion of the Acquisition of United Pacific Energy

October 2, 2018

TORONTO--(BUSINESS WIRE)--Oct 2, 2018--Superior Plus Corp. (“Superior”) is pleased to announce that it has closed the previously announced acquisition of all of the issued and outstanding shares of United Liquid Gas Company, which operates under the trade name United Pacific Energy (“UPE”). The purchase price was paid with cash from Superior’s credit facility.

“I am excited to welcome the UPE employees and customers to the Superior Plus family,” said Shawn Vammen, Senior Vice President of Superior’s Supply Portfolio Management business. “We’re looking forward to operating in the California propane market and growing our business on the west coast of the U.S.”

About the Corporation

Superior consists of two primary operating businesses: Energy Distribution includes the distribution of propane and distillates, and supply portfolio management; and Specialty Chemicals includes the manufacture and sale of specialty chemicals.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181002006085/en/

CONTACT: Superior Plus Corp.

Beth Summers, (416) 340-6015

Executive Vice President and Chief Financial Officer

or

Rob Dorran, (416) 340-6003

Vice President, Investor Relations and Treasurer

Toll Free: 1-866-490-PLUS (7587)

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: ENERGY OIL/GAS MANUFACTURING CHEMICALS/PLASTICS PROFESSIONAL SERVICES FINANCE

SOURCE: Superior Plus

Copyright Business Wire 2018.

PUB: 10/02/2018 04:51 PM/DISC: 10/02/2018 04:51 PM

http://www.businesswire.com/news/home/20181002006085/en

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