Trinity Logistics Corporation was acquired by Venanpri Group’s Agrisolutions division, which services the global agricultural marketplace with its Ingersoll and Bellota brands. Terms of the deal were not disclosed.
Founded in 2003, Davenport, IA-based Trinity provides supply-chain solutions relating to fasteners and other components. Trinity has 10 facilities throughout the U.S. supplying standard and custom components through VMI programs. Web: TrinityLogisticsGroup.com
“Trinity has built an impressive reputation and business system based on the timely supply of high-quality products and line services to the agricultural and construction markets. They provide superior products and services that enable their customers to excel in the marketplace,” stated Agrisolutions president Steve Garrette.
Trinity Logistics CEO Dan Zehnder added: “Trinity has built a world class supply chain and logistics model to serve both OE factories and distribution channels using the best in class technology tools and local facilities focused on serving the needs of the client.
“The full management team of Trinity remain fully committed to continuing to develop the business with their new partners/owners at Agrisolutions.”
Venanpri Group is a global organization with two divisions (Tools and Agrisolutions) and more than 1,400 employees. Agrisolutions manufactures consumable wear components (including discs, coulters, sweeps, openers, tines, springs and blades) selling under brands including Ingersoll, Bellota, Solbjerg and Rozalma.
Venanpri Tools produces branded hand tool products, including pruning tools, shovels, masonry trowels, machetes, files and hoes, for use in the agricultural, gardening, construction, and industrial segments. Venanpri Tools sells in more than 80 countries and has manufacturing and distribution facilities in the U.S., Spain, Mexico, the UK and Colombia, with sales offices in 18 countries.
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