COLUMBIA, Mo. (July 6, 2015) — MFA Oil Co. has purchased Big O Tires' interest in a partnership the companies formed seven years ago.
BORE/MPC L.L.C., a joint venture between MFA and TBC Corp.'s Big O Tires subsidiary, was formed in 1998, with that franchisee owning and operating 14 Big O Tires stores in Camdenton, Columbia, Hollister, Jefferson City, Nixa, Osage Beach, Rolla, Springfield and St. Roberts, Mo., along with outlets in Bentonville and Springdale, Ark.
MFA said it planned to open new stores in Branson, Mo., and Fayetteville, Ark., this year. It did not provide details about the deal's purchase price.