A local private investor group, including two Bestway Management Team members, announced the acquisition of Bestway Inc. from Rick and Debbie Heiniger.
Re-organized as Bestway Sales, LLC, the acquisition includes the former Bestway Inc. facilities, sales, marketing and distribution assets. Key to the acquisition is the retention of Bestway top management personnel, with Pat Meenen being appointed President and CEO and, and David C. Benson, Vice President, Sales and Marketing.
Quoting Pat Meenen, CEO for the new company, “This is an extremely positive development for us and provides us the opportunity to continue to provide Bestway dealers and customers the industry leading products and services they have become accustomed to. The acquisition will introduce updated technology with an increased emphasis on new product development and marketing of our products, in line with our new corporate strategy.”
Rick Heiniger, who sold the business, had been CEO of AgJunction prior to its merger with Novariant in mid-October. At that time, he was named senior project advisor to the CEO.
Bestway manufactures and markets Bestway brand pull-type and mounted agricultural field sprayers. Models include the Field-PRO IV and the new NTX pull type models, along with the innovative Pro-Mount, three-point mounted sprayers.
Bestway is also a supplier of automatic spray boom height control systems in the United States, with the AutoGlideXR line.
In 2010, Bestway introduced the Retriever brand of farm equipment logistic products. The first product, the Retriever Self-Loading Trailer was designed for farm equipment dealers and large producers to load and transport large combine heads and three-point mounted implements. In 2012, the Retriever Transport Hitch was added to the line. The Transport Hitch converts a semi-tractor to a heavy-duty implement towing vehicle.
The newest Retriever product, the PUP Self-Loading Trailer joined the line in 2015 and is designed for transporting small three-point mounted equipment and skid steer attachments.
Post a comment
Report Abusive Comment