Barry-Wehmiller Begins Process to Acquire Paper Processing Group of Bielomatik
ST. LOUIS—July 17, 2015—Barry-Wehmiller Cos., a capital equipment and engineering solutions firm, is moving toward acquiring the Bielomatik group associated with the paper processing product line of Bielomatik Leuze GmbH + Co. KG. The company signed a letter of agreement this week and expects the sale to be finalized in the upcoming months, once approval conditions are met.
Bielomatik’s paper processing product line that cuts, binds, finishes and wraps paper will merge with BW Papersystems, headquartered in the U.S. and is a global supplier to the paper and board sheeting, paper converting, and corrugating industries. BW Papersystems incorporates many of the following successful brands: Will‐Pemco, MarquipWardUnited, SHM, Wrapmatic, Kugler‐Womako and Curioni.
Bielomatik is globally known for its paper processing equipment including sheeters, and machines for wrapping, stacking and packing. Its paper processing group additionally manufactures stationery and binding machines incorporating all binding technologies used for the production of exercise books, in schools and business around the world.
BW Papersystems offers technology for folio, cut size and digital sheeting and packaging machines, plus stationery, passport production and specialized paper converting applications. For the corrugating industry, customers can continue to rely on the well‐known brands MarquipWardUnited, Curioni and VortX. With manufacturing plants in U.S. and Europe, parts and service centers in the U.S., Germany, Mexico, Brazil, Singapore and Shanghai, plus an effective global team of aftermarket parts and field service, BW Papersystems offers a lasting commitment to its customers.
BW Papersystems, with Bielomatik, will employ over 1,600 team members worldwide and is expected to generate revenue in excess of $400 million.
About BW Papersystems
A global supplier of advanced corrugating, sheeting and finishing machinery, BW Papersystems has achieved international success through a combination of technical innovation and superb reliability. With more than a century of experience, BW Papersystems has become a renowned manufacturer of high‐speed equipment—including sheeters, splicers, slitter/scorers, direct drive knives, rotary die cutters and flexo folder gluers—for the folded carton, corrugated box and paper converting industries worldwide.
About Barry‐Wehmiller
Barry‐Wehmiller is a diversified global supplier of engineering consulting and manufacturing technology for the packaging, corrugating, sheeting and paper converting industries. By blending people‐centric leadership with disciplined operational strategies and purpose‐driven growth, Barry‐Wehmiller has become a $2 billion organization with 8,000‐plus team members united by a common belief: to use the power of business to build a
better world.
Source: Barry‐Wehmiller.
