Two Top Dealers Shake Hands on Acquisition Deal

project3

Johnson-Lancaster and Associates celebrated the Fourth of July as the new owners of Bezac Equipment Co.

Bezac, based in Youngstown, Ohio, will operate as a wholly owned subsidiary of Johnson-Lancaster and remain under the leadership of Bill Custer and Leonard Mochtyak, serving as president and vice president, respectively.

Johnson-Lancaster, based in Clearwater, Fla., is the country’s 15th largest dealer, with 2018 sales of $116 million. Bezac, with $20.8 million in sales, is 44th on FER’s Top Dealer rankings.

RELATED CONTENT

Cheba Hut Toasted Subs Midlothian Virginia Franchise Expansion

Sub Chain Cheba Hut Opening Soon in Virginia

The brand’s second unit in the state is set to open next year, and Michigan also is on the horizon.

BusinessDeal2025

The Ferri Group, Miso Robotics Partner Up

The manufacturers’ rep firm will make Miso’s fry station robot available to operators in the Northeast.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -