M&A Deal Summary

ITW Acquires Avery Berkel

On September 28, 2007, ITW acquired electronics company Avery Berkel

Acquisition Highlights
  • This is ITW’s 2nd transaction in the Electronics sector.
  • This is ITW’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2007-09-28
Target Avery Berkel
Sector Electronics
Buyer(s) ITW
Deal Type Add-on Acquisition

Target

Avery Berkel

Smethwick, United Kingdom
Avery Berkel Ltd. is a manufacturer of retail scales and other food processing equipment for both the independent and multi-chain supermarkets.

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Buyer(S) 1

Buyer

ITW

Glenview, Illinois, United States

Category Company
Founded 1912
Sector Manufacturing
Employees44,000
Revenue 15.9B USD (2024)
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 26 of 48
Sector: Electronics M&A 2 of 3
Type: Add-on Acquisition M&A Deals 25 of 41
Country: United Kingdom M&A 1 of 3
Year: 2007 M&A 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-19 Hwa Meir Packing Daily Commodities Co.

China

Hwa Meir Packing Daily Commodities Co. Ltd., a manufacturer of air-evacuable storage bags. Hwa Meir manufactures special, primarily patented, air-evacuable bags and containers for reduced-space, home/travel storage, and organization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-25 Densit ApS

Aalborg, Denmark

Densit ApS produces cement-based special-purpose materials used in the security industry, for wear protection, for industrial flooring and for reinforcement of offshore drilling rigs and offshore wind turbine foundations. The company also produces wear-resistant components, notably for the cement and power generating industries.

Buy -