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

DatassentialEmergingChains

Datassential: Toastique Marks Top Emerging Chain in US

Kyuramen and The Great Greek Mediterranean Grill round out the top three emerging chains.

BonchonFlorida

Bonchon Names Chief Development Officer

The hiring of Blas Escarcega and a fresh fast-casual prototype will help the global brand expand its reach.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -