News : Proulx Oil and Propane Expands into Manchester

Sep 1, 2015

Originally published on Seacoast Online

By Michael McCord

Newmarket-based Proulx Oil & Propane has expanded its market share into central New Hampshire by acquiring a long-established Manchester company.

The acquisition in early February by Proulx Oil & Propane of J. A. Bourque & Sons came after discussions between the companies began in the fall of 2014. Proulx Oil & Propane President James Proulx said his company’s third acquisition is a strong one because both companies have established brand names and high marks for customer service. Additionally, both companies are family-owned with deep roots in the two regions.

According to Proulx the acquisition made sense both in brand and service, especially given his company's work along the Route 101 corridor.

“It’s a nice fit with what we are trying to do. We feel there is a lot of brand equity and we will be able to bring more products and services to Bourque customers and other homeowners throughout the Manchester service area,” Proulx said. “Because of market demand over the past two years, we’ve stretched our geographic service boundaries farther west. We had already been doing a fair amount of business in Hooksett and Auburn.”

Read the full story on Seacoast Online.