Tractor Supply Company has announced it will acquire all 167 Orscheln Farm and Home stores in 11 states in an all-cash transaction for approximately $297 million.
The 167 Orscheln Farm and Home stores are located throughout Nebraska, Kansas, Iowa, Missouri, Indiana, Oklahoma, Arkansas, Texas, Kentucky, Illinois and Ohio.
In Nebraska, there are 19 Orscheln locations and 10 Tractor Supply Company locations.
“For more than 60 years, my family, our Orscheln Farm and Home employees and I have been committed to serving the needs of rural communities across the Midwest,” said Barry Orscheln, Chairman and CEO of Orscheln Farm and Home. “I am very proud of all that we have accomplished over this time. I am confident that with Tractor Supply our stores will be well-positioned to continue Orscheln’s tradition of taking care of our customers and communities for the next phase of growth.”
There are currently 1,923 Tractor Supply stores in 49 states.