Home » Illinois Tool Works Acquires Avery Weigh-Tronix
Illinois Tool Works Acquires Avery Weigh-Tronix
September 29, 2008
Illinois Tool Works Inc., Glenview, IL, has acquired UK-based Avery Weigh-Tronix, a manufacturer of industrial weighing products and systems. Terms of the transaction were not disclosed.
Avery Weigh-Tronix will be a wholly owned subsidiary of ITW and part of the company's Test and Measurement group. Last year, the ITW Food Equipment group acquired the retail side of the business, Avery Berkel. In keeping with ITW's decentralized business structure, Avery Weigh-Tronix will maintain its brand and operate as a separate business.
With $16.2 billion in revenues, ITW is a diversified and value-added manufacturer of highly engineered components and industrial systems and consumables. The Company consists of approximately 825 business units in 52 countries and employs some 60,000 people.