Family office PIC Investment creates CanGas Propane
Canadian family office PIC Investment Group has created CanGas Propane Inc out of 13 propane distribution branches divested from Superior Propane Corp's 2017 buy of the Canwest Propane business of Gibson Energy Inc. No financial terms were released. CanGas, which has key locations in British Columbia and Alberta, will serve the needs of new and existing residential, commercial, and oil and gas, mining and other industrial customers throughout Western Canada. PIC President and CEO Greg Yuel said his firm will support the operations of the new company as well as its customer growth strategy.


