Tractor Supply To Purchase Orscheln Farm & Home
The Orscheln Farm & Home sign in Jane soon will be replaced with a Tractor Supply sign.
Tractor Supply officials announced last week their intention of purchasing the farm and home chain in a $297 million all-cash transaction.
The acquisition is an exciting journey as the company expands its “footprint in the Midwest,” Hal Lawton, Tractor Supply president and CEO, said in a news release.
“We have always had great respect for Barry Orscheln and the team at Orscheln Farm and Home for the strong connection they have with customers in the communities they serve, along with their industry knowledge and capabilities,” Lawton said. “With our shared values and passion for the ‘Out Here lifestyle,’ we are honored to welcome Orscheln Farm and Home to the Tractor Supply family. We look forward to bringing together our highly complementary cultures and teams to realize the long-term value and benefits that we expect this acquisition to deliver,” he said.
A manager at the Jane Orscheln store on Gordon Hollow Road said she couldn’t speak about any impending changes. She referred a media inquiry to Orscheln’s home office in Moberly.
Orscheln, a family-owned company, has 167 stores across 11 states, including Missouri, Kansas, Iowa, Arkansas, Oklahoma, Nebraska, Illinois, Kentucky, Indiana, Texas and Ohio.
The company has served Midwest communities for more than 55 years. W.C. Orscheln, known as “the colonel” by his family and friends, opened the first store in Sedalia, with “a vision of supplying rural American families with products they needed to live, enjoy and thrive in the outdoor, farm, ranch and rural lifestyle,” according to the company’s website.
Tractor Supply, headquartered in Brentwood, Tenn., is passionate about “serving its unique niche, as a one-stopshop for recreational farmers, ranchers and all those who enjoy living the rural lifestyle,” according to that company’s website. The company has been in operation for more than 80 years.
Tractor Supply has 1,923 stores in 49 states, as of Dec. 26, 2020.