Luby Equipment Services Acquires Springfield-Based Potter Equipment
(Pictured: From left: Steve Luby, president, Luby Equipment; and Jim Richiert, dealer principal, Potter Equipment)
Luby Equipment Services, a leading St. Louis-based Case Construction and Takeuchi dealer, announced this week 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, Mo., and Harrison, Ark.
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.
“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, founded in 1974, operates out of its headquarters in Fenton, Mo., offering 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 said it will begin customer outreach immediately to ensure seamless transitions and uninterrupted service to Potter customers.
Potter Equipment Co., also a Case dealer, has been in business since 1972.
