MFA Oil Company Acquires American Propane Inc.
July 1, 2021
MFA Oil Company, a farmer-owned energy supply cooperative, announces it has acquired American Propane Incorporated, an independent propane retailer based in Pevely, Mo., on June 30.
“The acquisition of American Propane fills a gap in our operational footprint and will help us solidify our operations in the southern St. Louis metro area,” said Kenny Steeves, senior vice president of MFA Oil operations. “We welcome American Propane’s customers and appreciate the opportunity to serve them.”
Customers may continue to visit the office at 8647 Commercial Blvd. in Pevely or call (636) 475-9450 to place propane orders.
“We chose to sell to MFA Oil largely because of the respect we have for how they do business,” said Kevin Epperson, president of American Propane Inc. “We know they will take care of our customers and employees in a way that honors what we have built here in Pevely. We are excited we found such a good fit for everyone involved.”
MFA Oil will continue to evaluate strategic acquisition opportunities in its existing market areas and other regions.