Illinois Tool Works Makes Two Acquisitions
Illinois Tool Works, Glenview, IL, has acquired two manufacturers: BagCo Inc., a provider of plastic recloseable packaging for the industrial, medical, and consumer markets, and Kester Inc., a supplier of solder and related materials for electronic and microelectronic assembly suppliers.
Based in Kennesaw, GA, BagCo, Inc. has been a non-exclusive licensee of the "Color Line" trademark owned by Illinois Tool Works.
"We are very excited about the acquisition of BagCo," said John Stevens, general manager of ITW's Minigrip Division, a leading provider of reclosable packaging technology. "We look forward to continuing the growth of our business with the promotion of our Color Line trademark, which we believe symbolizes the highest quality in plastic recloseable ...