Tuesday, September 27, 2016
COLUMBIA, MO (September 27, 2016) – MFA Oil Company has acquired Ozark County LP Gas Company, Inc., a propane retailer with offices in Gainesville, Mo. and Mountain Home, Ark.
“The acquisition of Ozark County LP fills a market void in our southern Missouri territory and builds on our growing presence in Arkansas,” says Jon Ihler, MFA Oil vice president of sales and marketing.
Ozark County LP Gas Company has primarily served the propane needs of residential customers in south-central Missouri and north-central Arkansas for more than 50 years.
“Johnna Morgan and her family have built an outstanding business, and we are proud that they have chosen us to carry on their tradition of integrity and service to their customers,” says Ihler. “We will make the transition process as seamless as possible for the customers.”
This is MFA Oil’s first acquisition of its fiscal year, which began September 1, 2016. MFA Oil has acquired a total of 34 companies since the beginning of its 2012 fiscal year.
MFA Oil will continue to evaluate strategic acquisition opportunities in its existing market area and other states where it can expand its footprint.
About MFA Oil Company:
MFA Oil Company, formed in 1929, is a farmer-owned cooperative with more than 40,000 members. MFA Oil is the seventh largest propane retailer in the United States. The company supplies fuels, lubricants and propane to customers in Missouri, Arkansas, Colorado, Georgia, Indiana, Iowa, Kansas, Kentucky, Nebraska, Oklahoma, Tennessee, Utah and Wyoming. Through a subsidiary, MFA Oil operates Break Time convenience stores in Missouri and Arkansas, Jiffy Lube franchises in central Missouri and Big O Tires franchises in Arkansas, Missouri and Oklahoma.
