ITW Acquires Meurer Group

June 14, 2013
Acquisition to Help Expand Company Capabilities and Customer Solutions
Industrial manufacturer of value-added consumables and specialty equipment Illinois Tool Works (ITW) signed a purchase agreement to acquire Meurer Group, a supplier of secondary packaging equipment to the Fast Moving Consumer Goods (FMCG). ITW's pro forma revenues totaled $17 billion in 2012, with more than half of the revenues generated outside of the U.S., according to ITW. The acquisition of Meurer will expand its company's global presence.Meurer will join the ITW Global Packaging Solutions Group alongside other group members which include Hartness Intl. and ITW Warehouse Automation. Purchasing awaits goverment approval."Meurer is an excellent addition to ITW's consumer packaging business," said Steve Henn, group president. "With over 40 years of experience in secondary packaging, Meurer will enhance ITW’s capabilities and customer solutions."

Sponsored Recommendations

Case Study: Conveyor Solution for Unique Application

Find out how the Motion Automation Intelligence Conveyor Engineering team provided a new and reliable conveyance solution that helped a manufacturer turn downtime into uptime....

2024 State of Technology Report: PLCs & PACs

Programmable logic controllers (PLCs) have been a popular method of machine control since the PLC was invented in the late 1960s as a replacement for relay logic. The similarly...

Power Distribution Resource Guide

When it comes to selecting the right power supply, there are many key factors and best practices to consider.

Safe Speed and Positioning with Autonomous Mobile Robots

Here are some tips for ensuring safe speed and positioning for AMRs using integrated safety technology – many of these tips also apply to automated guided vehicles (AGVs).