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Archive for October, 2011

Ferrellgas Acquires Federal Petroleum Company

Friday, October 21st, 2011

Ferrellgas Partners, L.P. acquired Federal Petroleum Company, an independent propane retailer with locations in Weslasco and Brownsville, Texas. The acquisition opens new market areas for Ferrellgas and marks the partnership’s second acquisition of its young fiscal year, which began August 1, 2011. Terms of the deal were not disclosed.

Securitas Acquires Orbis Security Solutions

Friday, October 7th, 2011

Orbis Security Solutions has annual sales of MSEK 76 (MZAR 90) and approximately 1,500 employees. The company offers specialized guarding solutions in the Western Cape Province.

With this acquisition, Securitas in South Africa has approximately 3,000 employees, with operations in guarding, mobile, alarm monitoring, technology, forensics and risk management services. Securitas also becomes one of the top 3 security services companies in the Western Cape region, one of the 3 key economic regions in South Africa.

The acquisition is consolidated in Securitas AB as of October 1, 2011

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