MFA Oil acquires Callaway Propane

MFA Oil Co., a farmer-owned energy supply cooperative, acquired Callaway Propane LLC.

Callaway Propane, located in Fulton, Missouri, was formed in 1998 as a partnership between MFA Oil and Callaway Electric Cooperative.

“This decision was made so that each company can focus on its core strengths moving forward,” says Jon Ihler, MFA Oil vice president of sales and marketing. “Taking full ownership of Callaway Propane allows us to fully implement some system-wide technology and efficiency upgrades that should greatly enhance propane services for our customers.”

Callaway Propane’s operations and office in Fulton, Missouri, will remain open and rebranded as an MFA Oil location.

MFA Oil says this is the first acquisition of its 2018 fiscal year, which began Sept. 1, 2017.