Illinois Tool Works Inc has announced it will acquire 100% of the Meurer Group in Furstenau, Germany – a well-known supplier of secondary packaging equipment to the FMCG markets worldwide.
Meurer will join Hi-Cone, Hartness International and ITW Warehouse Automation as part of the ITW Global Packaging Solutions Group, which is part of the ITW Consumer Packaging Segment.
Steve Henn, group president ITW Global Packaging Solutions, says: “Meurer is an excellent addition to ITW’s consumer packaging business.
“With over 40 years of experience in secondary packaging, Meurer will enhance ITW’s capabilities and customer solutions.”
The transaction is expected to close in July pending government approvals. Illinois Tool Works is a Fortune 200 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses.