Agrisolutions Acquires Trinity
Venanpri Group’s Agrisolutions division, which services the global agricultural marketplace with its Ingersoll and Bellota brands, announced the acquisition of Trinity Logistics Corporation (“Trinity”). Based in the U.S., Trinity provides supply-chain solutions relating to fasteners and other components to leading global OEMs that produce mission critical machinery for the agricultural and construction end markets. The terms of the transaction were not disclosed.
Headquartered in Davenport, Iowa, Trinity has established ten strategically located service facilities throughout the United States. Trinity specializes in the supply of standard and custom components through vendor managed inventory programs and other arrangements tailored to customer needs. Trinity utilizes its industry leading technology to improve the flow of products, services and information across the supply chain resulting in excellence in the operations of its customers.
The addition of Trinity brings significant benefit to Agrisolutions customers worldwide through more efficient inventory management and timely sourcing throughout the supply chain. Trinity’s systems allow OEMs to run their production lines more efficiently enabling them to better serve their markets while reducing costs. Trinity’s unique abilities allow products to be delivered in the right place at the right time in the most desirable configuration, whether for an OEM’s production line or for rapid delivery to the aftermarket.
The Trinity acquisition further illustrates Agrisolutions’ commitment to providing world class solutions to the markets it serves, going beyond the offering of exceptional products to adding a proven, innovative supply and service system.