Taft’s ESOP team is pleased to have acted as legal counsel to Beck Suppliers, Inc. in its sale to the Beck Suppliers Employee Stock Ownership Plan. The move ensures that the future of Beck – and its FriendShip Kitchen stores, Beck Branded Fuels, Beck Fuel Systems, and Beck Car Wash Systems divisions – will be shaped and shared by the employees who have helped drive its success.
Founded by Virgil Beck in 1950, Beck Suppliers has grown into one of Ohio’s largest independent providers of fuel, fuel services, car wash systems, and convenience store operators with over 500 employees and 34 FriendShip store locations across the state.
Taft’s legal team was led by Matthew Secrist and included David Abromowitz, Steve Ramey, and Evan Deig.