Recently, Corporation Patricio Echeverria (CPE) issued a release regarding the acquisition of CPE by Ingersoll Tillage Group (ITG). CPE, better known worldwide by its brand Bellota, distributes Bellota rasps and tools for the equine market in North America through Farrier Product Distribution, Inc. of Shelbyville, KY and Western Saddlery, Inc. of Pleasanton, CA.
The combination of CPE and ITG brings together two complementary companies, each a recognized leader in the manufacture and supply of high quality tools for agricultural and equine use. The companies will continue to offer current products and services, with no interruption to the supply of Bellota rasps and tools in the North American market. The distribution of these products will remain with long time distributors, Western Saddlery and Farrier Product Distribution (FPD).
“We are confident this recent acquisition will only enhance our ability to provide the farrier industry with Bellota products,” states Dan Burke, President of FPD. “The Bellota rasps and files continue to grow in popularity in all of our markets and ITG is committed to the legacy of excellence CPE has created.”
In response to the announcement, Frank Wipfli, President of Western Saddlery, stated, “In our discussions with representatives of CPE and ITG, we have been assured the acquisition will mean additional investments; expanding production capacity to support the growth we are seeing in the sales of Bellota products.”
Bellota products are distributed in North America through a dealer network. For more information, contact Western Saddlery at 800-833-5085 or FPD at 800-468-2879. For dealers who carry the Bellota products, visit www.farrierproducts.com.
About Ingersoll Tillage Group (ITG)
Ingersoll Tillage Group has more than 100 years of history producing and providing high quality ground engaging tillage tools mainly for the North American markets. ITG is a privately held group of companies focused on delivering key components to their chosen customers. The Company’s line of disc blades, coulters and planting/seeding disc are supplied to many of the major Original Equipment Manufacturers (OEMs) and marketed under their brand marks. Some of the products produced by ITG include: ResidueRazor™ disc, SoilRazor™ disc, Super Sharp blades, Duraface™ long wearing blades. Additional information available at http://www.ingersolltillage.com
About Corporacion Patricio Echeverria (CPE)
With more than 100 years of history, in more than 120 countries and more than 1,300 employees, CPE, better known worldwide by its brand Bellota, has two businesses: i) Bellota Hand-tools (BHT) that focuses on the development, manufacturing and commercialization of high quality hand tools (more than 18,000 references) for construction, gardening and agriculture uses, with commercial and manufacturing presence in Europe, Central America, South America and the U.S. (under the brand of Corona in the U.S.), and ii) Bellota Agrisolutions (BAS) that focuses on the development, manufacturing and commercialization of components for agricultural machinery (blades, cultivator points, tines, points for ploughshares, etc.) under the Bellota Agrisolutions brand, with commercial presence in all worldwide agricultural areas and manufacturing facilities in Spain, the U.S., India and Brazil. Additional information available at http://www.bellota.com.
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