Mass. Company Buys Patten’s Gas
North Haverhill, N.H. — Massachusetts-based Osterman Propane is continuing its push into the Upper Valley with the purchase of Patten’s Gas, the propane supplier and appliance store on Brushwood Road. The acquisition follows by a month Osterman’s purchase of Perry’s Oil Service in Bradford, Vt. Terms for both deals were not disclosed. “Basically an opportunity arose with Osterman buying Perry’s,” said Alvin Fadden, the former...
Business Notes: Sept. 20, 2015
Bradford, Vt. — Perry’s Oil Service, the long-time Main Street fuel oil, propane and appliance company which has been part of Bradford for 79 years, has been acquired by Osterman Propane LLC, a Massachusetts-based propane fuel distributor. Paul Perry, a principal in Perry’s Oil, confirmed the sale but declined further comment. Perry’s Oil dates back to 1926 when Paul Perry’s grandparents moved from Barre to Bradford and opened Perry’s...