MFA Oil Acquires Southeast Missouri Fuel Retailer
January 24, 2018
MFA Oil Company, a farmer-owned energy supply cooperative, announces it has acquired Raines Oil Company, an independent refined fuel retailer based in Senath, Mo. Raines Oil Company has been a trusted fuel provider for farmers, cotton gins and local civic organizations since 1972.
MFA Oil Company, a farmer-owned energy supply cooperative, announces it has acquired Raines Oil Company, an independent refined fuel retailer based in Senath, Mo. Raines Oil Company has been a trusted fuel provider for farmers, cotton gins and local civic organizations since 1972.
“Raines Oil Company fits well with our existing operations in the Missouri Bootheel region and this acquisition will help bolster our fuel storage in the area,” says Jon Ihler, MFA Oil vice president of sales and marketing.
MFA Oil will continue to evaluate strategic acquisition opportunities in its existing market areas and other states where it can expand its footprint.