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ITW LLC & Co. KG, a subsidiary of the Glenview, IL-based Illinois Tool Works Group, has agreed to acquire German final packaging specialist The meurer Group, which is based in the Lower Saxony town of Fürstenau. The transaction is awaiting approval from the competition authorities.
The meurer Group develops, produces and sells packaging machines. The machinery is mainly used in secondary packaging (distribution and transportation packaging), but the portfolio of machines also includes storage systems, conveyors and palletising equipment. Around 600 employees work at The meurer Group sites in Fürstenau and Freren. Customers are mostly from the beverages, food, pharmaceutical and cosmetics industries.
The meurer Group will retain its company name and be integrated into the Global Packaging Solutions division at ITW.