Meritus Gas Partners Expands Colorado Foothold with Wagner Acquisition

The acquisition, for which financial terms remain undisclosed, integrates Wagner’s single-site operation into the broader Meritus portfolio. Dennis Ogden, who has led the family-owned business, will maintain his involvement as the company transitions under the Buckeye umbrella. This move follows Buckeye’s earlier 2026 purchase of HICO Distributing in Englewood, signaling an aggressive expansion path for the parent organization in the Rocky Mountain state.

Steve Schwegman, president of Buckeye, noted that the Wagner facility serves as a vital fifth location for their regional operations. The company intends to leverage this new footprint to push into specialized sectors, specifically targeting the aerospace, construction, and chemical industries. By combining Wagner’s established local reputation with the capital and operational backing of Meritus, the firm aims to scale its reach while retaining the entrepreneurial culture that defined Wagner's longevity.