Foodservice Equipment Reports
Manufacturer/Dealer People Late Breaking News News

Two Top Dealers Shake Hands on Acquisition Deal

Johnson-Lancaster

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 Articles

People And Companies On The Move

TriMark, Clark Lead Top Dealers of 2019

Kudos for 29 Companies, Individuals at SEFA Partnership Conference