MFA Oil makes sixth Kansas acquisition with Cardie Oil
MFA Oil Co. acquired Cardie Oil Inc., an independent retailer of propane and refined fuel in Tampa, Kansas.
“This addition broadens our marketing territory, moving us further west in Kansas and complements our existing operations within the state,” says Jon Ihler, MFA Oil vice president of sales and marketing. “As we grow our customer base in Kansas, we remain focused on delivering the same level of excellent service and support that customers have grown accustomed to from Cardie Oil.”
Cardie Oil, which was founded in 1939, will retain its retail tire business and continue to operate vehicle service garages in Tampa and Marion, Kansas.
“We are really pleased to have found such an ideal fit for our company,” Craig Settle, president of Cardie Oil, says. “MFA Oil has the resources and technology to help us offer even better customer service and improve our operations. We are looking forward to a great future together, and think that this is a great opportunity for our customers and employees.”
The acquisition represents the sixth company MFA Oil has acquired in Kansas in the last three years.