M&A Deal Summary

ITW Acquires Hartness International

On November 4, 2009, ITW acquired packaging company Hartness International

Acquisition Highlights
  • This is ITW’s 3rd transaction in the Packaging sector.
  • This is ITW’s 26th transaction in the United States.
  • This is ITW’s 2nd transaction in South Carolina.

M&A Deal Summary
Date 2009-11-04
Target Hartness International
Sector Packaging
Buyer(s) ITW
Deal Type Add-on Acquisition

Target

Hartness International

Greenville, South Carolina, United States
Hartness International offers premier automation solutions for a wide variety of applications. We've assembled a team of leading robotic specialists from around the world to create innovative, vertically-integrated automation systems.

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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 35 of 48
Sector (Packaging) 3 of 3
Type (Add-on Acquisition) 32 of 41
State (South Carolina) 2 of 2
Country (United States) 26 of 31
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-08 Click Commerce Research and Healthcare Solutions

Portland,, Oregon, United States

Click Commerce RHS is a provider of automated research administration and compliance software solutions to leading academic medical centers and research institutions in North America.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-05 ELRO-Werke AG

Bremgarten, Switzerland

ELRO-Werke AG is a manufacturer of thermal foodservice equipment. Elro's product line includes such items as kettles, range systems and combi ovens.

Buy -
Mergr

Product

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