Blue Peak Resources
Ferrellgas Purchases Dubben Brothers Propane
Delhi, New York – December 12, 2022 – Blue Peak Resources, a mergers and acquisitions consulting firm, is pleased to announce the sale of Dubben Gas Service of Delhi, NY, to Ferrellgas, a nationwide propane retailer headquartered in Overland Park, KS.
For more than a century, Dubben Brothers has been providing top quality products and service to customers throughout the Catskill Region. The company will still operate out of the original Main Street, Delhi location utilized by company founder A.W. Dubben when he started the business in 1906 with retail hardware, LPG sales and service, and HVAC installations. Randy Brown and Jerry Davis are fourth generation Dubben family members. After meeting with the team at Ferrellgas, they decided the time was right to transition their propane business to a company that could offer their customers a wide array of energy products and services while continuing the excellent care that Dubben customers have experienced over the years. Jerry and Randy will now focus their attention on the retail hardware store, and HVAC installations; those were not part of the sale and will remain independently run under their leadership.
“It was a pleasure working with Ferrellgas. When Randy and I made the difficult decision to sell our propane business, there was no doubt that we were going to hire Blue Peak Resources to help us with the process. Our relationship with John Armentano spans back more than 20 years. John, Mike Gioffre, and Andy Hino did a tremendous job throughout the process. We were impressed with Ferrellgas, and we are very confident that our customers, employees and the community are in great hands.”
About Blue Peak Resources
Blue Peak Resources is a full-service consulting firm specializing in propane gas and fuel oil mergers and acquisitions. Clients engage Blue Peak Resources to sell their business or advise them on increasing the value of the business they have worked so many years to build. John Armentano and Mike Gioffre began this new venture to help family-owned propane and fuel oil businesses plan for their exit, gain maximum value, and continue their legacy for generations.
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Tom Jaenicke
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