MFA Oil Co. acquires Utah propane retailer

February 4, 2015 By    

MFA Oil Co. acquired Basin Propane Systems, an independently owned propane retailer based in Vernal, Utah, that services customers in the northeast region of the state.

This is the company’s first purchase in Utah and fourth acquisition in a fiscal year that began Sept. 1, 2014.

MFA Oil is a farmer-owned cooperative with more than 40,000 members. It says it is actively seeking companies to acquire in its existing market as well as other states.

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