Luby Equipment Services to Acquire Springfield-Based Potter Equipment

Luby Equipment Services to Acquire Springfield-Based Potter Equipment

Luby Equipment Services, a leading St. Louis-based CASE Construction and Takeuchi dealer, announced today an agreement to acquire Potter Equipment effective June 1, 2024.? In connection with the acquisition, Luby Equipment Services will become the CASE dealer in an expanded service territory that will now include Southwest Missouri and Northwest Arkansas with locations in Springfield, Missouri and Harrison, Arkansas.?


Luby has been the CASE Construction dealer serving eastern Missouri and southern Illinois area since 1992.? Luby is a locally owned company with six construction equipment dealership locations in Fenton, O’Fallon, and Cape Girardeau in Missouri and Fairmont City, Springfield, and Quincy in Illinois.? Luby is celebrating 50 years in the distribution of construction, mining, drilling, and industrial products this year.


Steve Luby, President Luby Equipment (left) with Jim Richiert, Dealer Principal Potter Equipment (right)

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“Luby and Potter Equipment share long histories of family ownership, customer focus, and values driven business philosophies that will only deepen as one company,” said Steve Luby, President, Luby Equipment Services. “Luby is excited about expanding our services to more customers with the same commitment that our current customers have come to rely upon.”


The acquisition will strengthen Luby’s position as an equipment leader in key industries, including construction, aggregates, and forestry, as well as expand upon its market leadership in key growth areas such as equipment rental and standby power generation.?


Luby Equipment Services operates out of its headquarters in Fenton, MO., and seven other branch locations.? They serve their customers equipment needs with a variety of new, used, and rental equipment.? The company represents several manufacturers, including CASE Construction, Takeuchi, Fecon, Toro, Indeco, Atlas Copco, Eager Beaver and Towmaster trailers.? The company will begin customer outreach immediately to ensure seamless transitions and uninterrupted service.

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About Luby Equipment Services:? Founded in 1974 by Bob Luby, Luby Equipment Services began with a vision to set a new standard in the heavy equipment industry. For over 50 years, Luby Equipment has been your trusted provider of compact and heavy equipment, with now 8 locations in MO, IL & AR. For more information, please visit?www.lubyequipment.com.

Kathy Sims

Owner Toy Storage Accounting Coordinator

8 个月

Congratulations

回复

@?impressive achievement

Luby Equipment Services"What an impressive achievement for Luby Equipment Services! This acquisition underscores your dedication to growth and excellence in serving your customers. Here's to a seamless integration and continued success in your expanded service territory. we, curious, how do you plan to communicate the benefits of this acquisition to existing and potential customers?"

Brian Weisbaum

Head of New Holland Construction North America

9 个月

Congratulations to the Luby team! Keep growing!

Tyler Albert

Regional Account Manager at Werk-Brau

9 个月

Congratulations on your expansion.

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