Alamo Group Inc. $(ALG)$ has announced the sale of its Herschel Parts business to F.P. Bourgalt Tillage Tools Ltd. Herschel Parts, based in Indianola, Iowa, is a manufacturer of high-quality agricultural replacement and wear parts. Acquired by Alamo Group in 1995, Herschel Parts was a small part of the company's Vegetation Management Division. Jeffery A. Leonard, Chief Executive Officer and President of Alamo Group, stated that the decision to sell aligns with the company's commitment to continuous improvement and profitable growth. He expressed confidence in Herschel's future success under new management.
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