MFA Oil acquired the propane and refined fuel operations of Midwest Propane, the energy business of Mid-West Fertilizer, LLC, on Nov. 30. The deal includes customers, energy employees, trucks and storage tanks in a wide-ranging territory that stretches from the southern Kansas City metro area to Miami, Okla.
MFA Oil welcomes 11 new drivers to the company. The drivers will be integrated into the company’s operations across several existing plants. A new office in Miami was included in the transaction and it will be staffed at a later date.
“The purchase of Mid-West Fertilizer’s energy assets will complement our existing operations in the surrounding region,” says Kenny Steeves, senior vice president of MFA Oil operations. “We welcome the Mid-West Fertilizer employees who are joining our staff and the new customers we will now be servicing. We expect this will help us grow our membership.”
Scott Barkley, vice president of energy for Mid-West Fertilizer, says the sale will allow both companies to specialize in what they do best.
“MFA Oil specializes in energy products and services, and their expertise will benefit our energy customers and employees,” Barkley says. “The sale gives us an opportunity to focus on growing our core businesses of fertilizer, feed and precision agriculture and updating our facilities.”
If you have any questions regarding the acquisition, please contact Don Smith, Dustin Snodgrass or Joe Case.