Lakes Gas is Growing: Acquisition Announcement

Written on: April 4, 2022

Lakes Gas acquires Foss-Johnson Oil

business aquisition wisconsinLakes Gas Co. is pleased to announce that we have acquired the propane and refined fuels delivery business of Foss-Johnson Oil, LLC based in Walcott, N.D. The transaction closed on March 1, 2022, facilitated by Cetane Associates LLC. Read on to learn more about how this match will enhance the service experience for all of our customers.

Reputation for greatness

For nearly 70 years, Foss-Johnson Oil has been delivering home comfort in North Dakota’s Richland County. Founded by Ernie Johnson who initially named the company Johnson Oil, by 1955 the business was acquired by Ray Foss who renamed it to include his name. Ray’s family stepped in after his death and in 1991 his daughter Penny Cirks bought the business from her mother Lillian. The company today sells and delivers propane, heating oil, and diesel fuel to residential and light commercial customers. In the early 2000s, the company built more storage, and added buildings to its Walcott facility. The company later added a retail refueling station with gasoline and diesel to serve motorists traveling on the interstate.

Owner Penny Cirks stated, “We are very happy that our company will become a part of Lakes Gas. We’ve built a great reputation for exceptional service which we know is a high priority for Lakes Gas as well.”

A match committed to exceptional customer service

Family-owned for over 60 years, Lakes Gas Co. is now one of the largest propane providers in the Midwest. Our 48 locations in the upper Midwest are all staffed by employees who live in the communities they serve. President and CEO Trent Hampton commented, “We’re pleased to be working with the dedicated Foss-Johnson group and are proud to carry on their legacy. We take pride in our customer service professionals—this is a very good match.”

Enjoy all that Lakes Gas has to offer

When you become a customer at Lakes Gas, you’ll enjoy service that’s unmatched in the region. From families to forklift operators to farmers—and everybody in between—the level of propane service you’ll get from Lakes Gas makes us the right choice for your home, farm or business.

Want to learn more about all that Lakes Gas can offer you? Give us a call or send us a message today. We can’t wait to hear from you.