Tractor Supply to acquire Orscheln Farm and Home for $320m.

Tractor Supply, the largest rural lifestyle retailer in the United States, agreed to acquire Orscheln Farm and Home, a retail chain of farm and ranch supply stores, for $320m. "This is an exciting step for Tractor Supply as we expand our footprint in the Midwest with the high-quality assets of Orscheln Farm and Home. 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. 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," Hal Lawton, Tractor Supply President and CEO.