Tuesday, October 18, 2016
MFA Oil Co. (Columbia, Mo.) has acquired Ozark County LP Gas Co. Inc., a propane retailer with offices in Gainesville, Mo. and Mountain Home, Ark. Details of the transaction were not released. Ozark County LP Gas has primarily served the propane needs of residential customers in south-central Missouri and north-central Arkansas for more than 50 years.
“The acquisition of Ozark County LP fills a market void in our southern Missouri territory and builds on our growing presence in Arkansas,” said Jon Ihler, MFA Oil vice president of sales and marketing. “Johanna 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. We will make the transition process as seamless as possible for the customers.”
MFA Oil notes that the Ozark County LP Gas purchase marks the first acquisition of its fiscal year, which began Sept. 1. MFA Oil has acquired 34 companies since the beginning of its 2012 fiscal year. The company reports it will continue to evaluate strategic acquisition opportunities in its existing market area and other states where it can expand its footprint.
“The acquisition of Ozark County LP fills a market void in our southern Missouri territory and builds on our growing presence in Arkansas,” said Jon Ihler, MFA Oil vice president of sales and marketing. “Johanna 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. We will make the transition process as seamless as possible for the customers.”
MFA Oil notes that the Ozark County LP Gas purchase marks the first acquisition of its fiscal year, which began Sept. 1. MFA Oil has acquired 34 companies since the beginning of its 2012 fiscal year. The company reports it will continue to evaluate strategic acquisition opportunities in its existing market area and other states where it can expand its footprint.
