Packaging

ITW Agrees to Acquire Meurer Group

Wednesday 12. June 2013 - Illinois Tool Works Inc. (NYSE: ITW) today announced that it has signed a Definitive Purchase Agreement to acquire 100% of the Meurer Group located in Furstenau Germany. Meurer is a well-known supplier of secondary packaging equipment to the FMCG (Fast Moving Consumer Goods) 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. The transaction is expected to close in July pending government 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.”