Western New York’s two John Deere dealers — Lakeland Equipment and Z&M Ag and Turf, recently announced a new partnership with Argonne Capital Group, creating the largest John Deere turf and agricultural equipment dealership in the Northeast.
The two dealer groups merged their assets into a new company called LandPro Equipment that is backed by Argonne and existing shareholders of Lakeland and Z&M. The new company has 12 dealership locations and over 300 employees.
LandPro Equipment will have more effective buying power with John Deere and its many venders. This leverage will allow for a larger inventory of new and used equipment, parts available on hand as well as more competitive pricing for LandPro customers.
The combined company will be headquartered in Falconer and managed by Tracy Buck, president of Z&M Ag and Turf.
“We’ve had the pleasure of working with fantastic customers over the years and look forward to continuing that in the future,” Buck said. “We’re now selling to the children and grandchildren of people we sold to 30 years ago. Our success is a product of our hardworking employees and the quality of the John Deere product. We are excited about this new partnership and the possibilities it offers our customers and our employees.”
Z&M Ag and Turf was established in 1963 and now has six locations in Oakfield, Alexander, Springville, Falconer, Clymer and Edinboro, Pennsylvania. Lakeland Equipment was founded in 1983 and now manages stores in Avon, Brockport, Hall, Macedon, North Chili and Savannah.
“I’m very excited about the merger that will create LandPro Equipment,” said Marty Phillippe, founder of Lakeland Equipment. “Like Z&M, Lakeland’s main focus has always been on delivering a positive customer experience. This merger will further enhance that experience.
The infusion of capital from Argonne will allow LandPro Equipment to create a dynamic, people-driven organization that will have a positive impact on our customers, employees and investors.”
LandPro Equipment will continue to serve the same commercial, construction, farming and homeowner customers as Lakeland and Z&M have for the past 30 years.
“After nearly 37 years of being a part of this business, I am excited about the sustainability that LandPro Equipment will provide to our employees, customers and the community,” said Tom Kelsey, a partner at Z&M. “The success of our business is based on building relationships. We have enjoyed countless relationships with our customers and vendors over the years and proudly call them our friends. Our goal at LandPro Equipment is to continue to support our communities and create meaningful relationships with our customers as we maintain the first-rate customer service experience they’ve come to expect.”
For information, visit landproequipment.com.