Sault-based McDougall Energy has reached an agreement to acquire Dodsley Fuels Ltd - commonly known as Dodsley Propane - an established propane distributor and supplier in Tillsonburg, Ont..
Established in 1954, Dodsley Propane is a family-owned and operated business that provides propane products, services, and deliveries to residential customers, commercial businesses, and agricultural clients in Oxford County and the surrounding area.
Dodsley Propane will continue to operate under its family name and management as a division of McDougall Energy.
“We look forward to working with Dodsley Propane as we come together to strengthen the home heat and commercial propane offerings in the region. Dodsley Propane has a strong history in the community and has built a reliable and loyal customer base. Our team at McDougall Energy plans to leverage this reputation to further expand products and service offerings to customers from Brantford to the London area,” said Darren McDougall, McDougall Energy president in a release.
“We believe we can add resources to their existing business and look forward to the growth opportunities available in the region.”
Established in 1949, McDougall Energy is a third-generation, family-owned business based in the Sault.
A diversified fuel and lubricant marketer and distributor, McDougall Energy has local offices across Ontario and team members in western Canada.
The transaction was finalized Oct. 29, 2021.
In addition, McDougall Energy is announcing that an agreement in principle has been reached to acquire the business interests of Dowler-Karn Limited, based in St. Thomas, Ont. The deal is anticipated to close in the first quarter of 2022, pending final approval from government regulators.
Dowler-Karn is a family-owned business involved in propane distribution and storage facility construction.
Established in 1943, Dowler-Karn serves over 18,000 residential, agricultural, commercial, and industrial customers from eight fuel, propane, and lubricant plants and nine 24-hour fuel access centres located across southern Ontario.