M&A Deal Summary

ITW Acquires International Truss Systems Proprietary

On December 19, 2011, ITW acquired building materials company International Truss Systems Proprietary from Eleco

Acquisition Highlights
  • This is ITW’s 4th transaction in the Building Materials sector.
  • This is ITW’s 1st transaction in South Africa.

M&A Deal Summary
Date 2011-12-19
Target International Truss Systems Proprietary
Sector Building Materials
Buyer(s) ITW
Sellers(s) Eleco
Deal Type Divestiture

Target

International Truss Systems Proprietary

Boksburg, South Africa
International Truss Systems is a full system supplier to the prefabricated timber truss industry and works through a network of licensed truss manufacturers, providing punched metal connector plates, sundry components and timber engineering software.

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Buyer(S) 1

Buyer

ITW

Glenview, Illinois, United States
Category Company
Founded 1912
Sector Manufacturing
Employees45,000
Revenue 16.1B USD (2023)
DESCRIPTION
Entrance to Illinois Tool Works' corporate headquarters in Glenview, Illinois.
Entrance to Illinois Tool Works' corporate headquarters in Glenview, Illinois.

ITW is a manufacturer of a range of value-adding and short lead-time industrial products and equipment. ITW was founded in 1912 and is based in Glenview, Illinois.

DEAL STATS #
Overall 43 of 48
Sector (Building Materials) 4 of 4
Type (Divestiture) 4 of 6
Country (South Africa) 1 of 1
Year (2011) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-19 Gang-Nail Systems

Aldershot, United Kingdom

Gang-Nail structural Roof & Truss package, aptly named Roof & Truss is used for the design, detailing, estimating, manufacture and 3D visualisation of complex trussed rafter roofs. Roof & Truss allows easy project control with all the trusses for one project being in the same project area. Trusses are on screen during the build and design process allowing ease of input.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-08 Brooks Instrument

Hatfield, Pennsylvania, United States

Brooks provides flow measurement and control devices to the low flow application market, and principally serves the chemical and semiconductor industries.

Buy -

Seller(S) 1

SELLER

Eleco

London, United Kingdom
Category Company
Founded 1895
Sector Software
Employees273
Revenue 28M GBP (2023)
DESCRIPTION

Eleco is a specialist international provider of software and related services to the architectural, engineering, construction and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Eleco's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software programs cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions. Eleco was incorporated in 1895 and is based in London, United Kingdom.

DEAL STATS #
Overall 3 of 8
Sector (Building Materials) 1 of 5
Type (Divestiture) 3 of 8
Country (South Africa) 1 of 1
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-19 Gang-Nail Systems

Aldershot, United Kingdom

Gang-Nail structural Roof & Truss package, aptly named Roof & Truss is used for the design, detailing, estimating, manufacture and 3D visualisation of complex trussed rafter roofs. Roof & Truss allows easy project control with all the trusses for one project being in the same project area. Trusses are on screen during the build and design process allowing ease of input.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-17 Wagemeyer

Lichtenau, Germany

Wagemeyer GmbH is a software development company servicing the timber stair design and manufacturing market.

Buy -
Mergr

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