Barry-Wehmiller Cos., Inc., capital equipment and engineering solutions leader, 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 USA, a global supplier to the paper and board sheeting; paper converting; and corrugating industries. BW Papersystems incorporates many of the 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. 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 offers state of the art 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 USA and Europe, parts and service centers in the USA, 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.