Barry‐Wehmiller to Acquire Paper Processing Group of Bielomatik
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Barry‐Wehmiller Cos., St. Louis, Mo., USA, a capital equipment and engineering solutions leader announced this past week that it is moving toward acquiring the Bielomatik group associated with the paper processing product line of Bielomatik Leuze GmbH + Co. KG. They signed a letter of agreement this week, and expect 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., a global supplier to the paper and board sheeting; paper converting; and corrugating industries.
Bielomatik is globally known for its paper processing equipment including sheeters, and machines for wrapping, stacking and packing. Their 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, with Bielomatik, will employ more than 1,600 team members worldwide and is expected to generate revenue in excess of $400 million.
