MarquipWardUnited Acquires Körber AG’s Papersystems
- Published: April 24, 2014
PHILLIPS, WI | MarquipWardUnited, a Barry-Wehmiller company, has executed a definitive agreement to acquire the operations of Körber AG’s Papersystems companies: E.C.H. Will, Pemco, and Kugler-Womako, pending the approval of the respective antitrust authorities.
Company says the combination of these industry leaders expands MarquipWardUnited’s sheeter footprint, establishing BW Papersystems as a leading supplier of sheeting and sheet packaging machinery with solutions for the widest range of applications for the paper converting, manufacturing, and packaging industries.
E.C.H. Will, Pemco, and Kugler-Womako generated combined sales averaging $125 million (USD) over the past five years. As part of the transaction, their 350+ associates will join MarquipWardUnited’s 1,100 team members worldwide.
“We are excited to partner with these industry leaders whose expertise naturally dovetails with MarquipWardUnited’s,” says Tim Sullivan, Barry-Wehmiller group president. “We have watched the successful synergy between E.C.H. Will, Pemco, and Kugler-Womako and feel that MarquipWardUnited’s capabilities will complement theirs.
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