Two Top Dealers Shake Hands on Acquisition Deal
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.