UGI buys Shell's Polish LPG division

10/19/2010 | American City Business Journals

UGI's Austrian subsidiary, Flaga GmbH, has taken over Royal Dutch Shell's Polish LPG company, Shell Gas Polska. The move gives Flaga control of Shell's 60 million-gallon Polish distribution network and is part of a series of acquisitions in Eastern Europe. UGI Chairman and CEO Lon Greenberg said Flaga had more than doubled its LPG gallon count in recent weeks and that he would continue to seek expansion in Europe.

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