MFA Oil acquires energy assets of Mid-West Fertilizer

MFA Oil Co., a farmer-owned energy supply cooperative based in Columbia, Missouri, acquired the propane and refined fuel operations of Midwest Propane, the energy business of Mid-West Fertilizer.

The deal includes customers, energy employees, trucks and storage tanks in eastern Kansas, western Missouri and northeastern Oklahoma.

“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.”

MFA Oil and Mid-West Fertilizer say they will work together to ensure there is no disruption of energy products or services to customers during the transition.

MFA Oil says it will continue to evaluate strategic acquisition opportunities in its existing market areas and other regions where it can expand its footprint. This year, the company also purchased American Propane of Pevely, Missouri.

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