Pictured from left to right: Bill McFarland and Michele McFarland, the former owners of Ford Oil Company, and Don Smith, MFA Oil director of mergers and acquisitions.
MFA Oil Company, a farmer-owned energy supply cooperative, announces it has acquired Ford Oil Company, an independent retailer of propane and refined fuels with offices in Hornersville and Kennett, Mo.
"Acquiring Ford Oil Company and its resources expands our footprint in the Missouri Bootheel, an important agricultural market," says Jon Ihler, MFA Oil vice president of sales and marketing. "This deal builds on our growing presence in southeast Missouri and provides us with opportunities to better serve customers in the region."
This is the third acquisition MFA Oil has made in the company's 2017 fiscal year, which began September 1, 2016. MFA Oil previously acquired Ozark County LP Gas Company, Inc., with locations in Gainesville, Mo. and Mountain Home, Ark. and Keiser Oil and LP Gas Co. of Keiser, Ark. The company will continue evaluating acquisition opportunities in its existing market area and new opportunities.