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2014/03/25

MarquipWardUnited Plans to Acquire the Operations of Papersystems Group

MarquipWardUnited, Inc., a Barry-Wehmiller company, has executed a definitive agreement to acquire the operations of Körber AG’s Papersystems companies: E.C.H. Will GmbH, Pemco Inc. and Kugler-Womako GmbH, pending the approval of the respective antitrust authorities.

“We are pleased to have found a strategic and long-term oriented operator with Barry-Wehmiller for the Papersystems companies,” commented Körber CFO Stephan Seifert.

As part of the transaction, their 350+ associates will join MarquipWardUnited’s 1,100 team members worldwide.

MarquipWardUnited with headquarters in Phillips/Wisconsin, USA, manufactures high-speed sheeter equipment for the paper converting and folding carton converting industries worldwide as well as machinery for the worldwide corrugated board industry.

The combination of these companies become a frontrunner in technology for cut-size, folio and digital sheeting and packaging, and ream wrapping, to benefit the most complex mill to the smallest converter. In addition, MarquipWardUnited, Inc. will add machines for stationery manufacturers and bookbinders to its portfolio and will assume a leading position in the production of machines for the manufacture of passports.


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