Trade Resources Industry Views Barry-Wehmiller to Acquire Paper Processing Product Line of Germany's Bielomatik Leuze

Barry-Wehmiller to Acquire Paper Processing Product Line of Germany's Bielomatik Leuze

Capital equipment and engineering firm Barry‐Wehmiller is acquiring paper processing product line of Germany’s Bielomatik Leuze.

With a pact already inked to that effect, the transaction is likely to be closed in the coming months once the go-aheads are obtained.

Post-acquisition, Bielomatik's paper processing unit will merge with BW Papersystems.

Bielomatik supplies paper processing equipment including sheeters, and machines for wrapping, stacking and packing. It also manufactures stationery and binding machines for books.

Barry-Wehmiller is a supplier of engineering consulting and manufacturing technology, catering to packaging, corrugating, sheeting and paper converting sectors.

BW Papersystems, together with Bielomatik, will have a staff headcount of 1,600 across the world.

The combined entity is estimated have revenues of around $400m.

BW Papersystems manufactures technology for folio, cut size and digital sheeting and packaging machines. It has manufacturing plants in the US and Europe.

Source: http://packagingmaterials.packaging-business-review.com/news/barrywehmiller-to-purchase-bielomatiks-packaging-product-line-200715-4626423
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Barry-Wehmiller to Purchase Bielomatik's Packaging Product Lines