WTG Fuels, a subsidiary of West Texas Gas, a provider of natural gas distribution services throughout Texas and Oklahoma, sold its propane, commercial motor fuels and lubricants business to ThompsonGas.
Matrix Capital Markets Group, an independent, advisory focused, privately held investment bank headquartered in Richmond, Virginia, announced the sale.
WTG Fuels, based in Midland, Texas, distributes propane, refined products and lubricants to residential, commercial and oilfield customers throughout West Texas and extending into the Texas panhandle, central and south Texas…