Tractor Supply Co., the largest rural lifestyle retail manufacturer in the nation, has agreed to buy family-owned Orscheln Farm & Home.
The all-cash deal is worth approximately $297 million, according to a press release.
Orscheln Farm & Home has operated in the Midwest for about 60 years, according to its website. It has 165 stores in 11 states, including Missouri.
Locally, Orscheln has locations in Washington, Pacific, Warrenton and Sullivan.
“Right now, it will be business as usual,” said Mary Winn Pilkington, Tractor Supply senior vice president of investor and public relations, when asked about any changes.
She could not say much more about how the companies will look following the acquisition because there is a regulatory quiet period that “could take as many as 60 days to nine months or more,” she said.
When asked if any local stores will close, she said “that’s not the plan by any means.
“But it’s a federally regulated process,” she continued. “But our plan would be to operate all the stores.”
A total of 35 to 40 employees work in the Washington and Pacific Orscheln stores, Janna Tayon, Orscheln Management Co. lead senior legal assistant, wrote in an email.
As of Dec. 26, Tractor Supply operated nearly 2,000 stores in 49 states, according to its website.
It has a storefront in Union at 1650 Denmark Road. The company also owns 183 Petsense stores, including one location in Sullivan at 304 Park Ridge Road.
“We’re excited about welcoming Orscheln to Tractor Supply,” Pilkington said.
This story has been updated from the original published version. The updated version includes additional comments from store management.