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

IFMAGoldPlate

Union Square Hospitality Group CEO Earns Gold Plate

On Saturday, IFMA recognized USHG’s Chip Wade, along with other industry leaders.

The Great Greek Mediterranean Grill

The Great Greek Mediterranean Grill Gains Ground Globally

The fast-casual inked a master franchise agreement that brings it to Guyana and seven Caribbean countries.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -