MFA Oil Company Acquires Northeast Arkansas Propane Supplier
January 3rd, 2017
MFA Oil Company, the seventh largest propane retailer in the United States, announces it has acquired the propane operations of Keiser Oil & LP Gas Co., an independent propane retailer based in Keiser, Arkansas.
“We continue to build on our presence in northeast Arkansas and this acquisition will strengthen our position in the region,” says Jon Ihler, MFA Oil vice president of sales and marketing. “We plan to maintain the bulk propane plant in Keiser and integrate Keiser’s propane business into our existing operations in the area.”
Keiser Oil and LP Gas Co. has serviced the energy needs of local residents for more than 50 years.
This is second 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. The company will continue evaluating acquisition opportunities in its existing market area and new territories.