Ferrellgas Partners buying Mr. Bar-B-Q
OVERLAND PARK, Kan. (AP) — Propane distributor Ferrellgas Partners LP said Monday that it is buying Mr. Bar-B-Q, a barbeque tools, accessories and parts company.
Financial terms of the deal were not disclosed.
Ferrellgas already has a strong foothold in the barbeque market through its Blue Rhino line of portable propane tanks, and the company said the acquisition will complement Blue Rhino.
Mr. Bar-B-Q is based in Old Bethpage, N.Y. Ferrellgas is based in Overland Park, Kan.
Shares of Ferrellgas fell 6 cents to $19.99 in afternoon trading.