M&A Deal Summary

Micro-Poise Measurement Systems Acquires Illinois Tool Works - Quality Measurement Division

On April 4, 2007, Micro-Poise Measurement Systems acquired test/measurement equipment company Illinois Tool Works - Quality Measurement Division from ITW

Acquisition Highlights
  • This is Micro-Poise Measurement Systems’ 1st transaction in the Test/Measurement Equipment sector.
  • This is Micro-Poise Measurement Systems’ 1st transaction in the United States.
  • This is Micro-Poise Measurement Systems’ 1st transaction in Illinois.

M&A Deal Summary
Date 2007-04-04
Target Illinois Tool Works - Quality Measurement Division
Sector Test/Measurement Equipment
Buyer(s) Micro-Poise Measurement Systems
Sellers(s) ITW
Deal Type Divestiture

Target

Illinois Tool Works - Quality Measurement Division

Glenview, Illinois, United States
Illinois Tool Works, Inc. - Quality Measurement Division is a provider of test and measurement equipment.

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Buyer(S) 1

Buyer

Micro-Poise Measurement Systems

Akron, Ohio, United States
Category Company
Founded 1928
Sector Test/Measurement Equipment
DESCRIPTION

Micro-Poise Measurement Systems, LLC ('Micro-Poise') is a leading global provider of measurement and inspection systems and associated aftermarket parts and service for the global tire industry. The company also designs and manufactures precision measurement equipment for certain automotive applications. Micro-Poise's systems are used by manufacturers for process control and quality assurance to assess and correct the balance, uniformity, and geometry of tires, wheels, and powertrain components. Micro-Poise's products are used by customers including Michelin, Pirelli, Hankook Tire, Nissan, and Hyundai. Micro-Poise is headquartered in Akron, OH, with sales offices in Western Europe and Asia along with a wholly owned foreign subsidiary in China.

DEAL STATS #
Overall 1 of 1
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1

Seller(S) 1

SELLER

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 2 of 14
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 2 of 13
State (Illinois) 1 of 3
Country (United States) 2 of 12
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-23 HMI Grande Cuisine S.A.

Mitry Mory, France

HMI Grande Cuisine S.A. is a distributor of cooking equipment for the collective or commercial catering market in France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-11 Kiwiplan

Cincinnati, Ohio, United States

Kiwiplan is a developer and provider of powerful, industry specific software solutions for the corrugated and packaging industry.

Buy -
Mergr

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