Carlyle Group to Buy Illinois Tool Works Unit for $3.2BThe unit provides material and equipment used in the shipping process. CEO Scott Santi said the deal with private equity giant Carlyle Group marks the “last major step” in refocusing ITW’s portfolio. “The Industrial Packaging business is a highly ...
Expanding: Uline unveils plans to grow shipping businessThe company expects the $100 million investment will create 500 new jobs. Uline is a business-to-business distributor of shipping supplies, industrial materials, and packaging materials. The company offers delivery of its approximately 28,000 products ...
Greif Sells Multiwall Packaging to Align Business PortfolioIn line with its ongoing efforts to strategically align the Greif core business portfolio and key growth drivers, Greif, Inc. (GEF) announced the sale of its Multiwall Packaging ... American producer of industrial and consumer shipping sacks and multiwall ...
ITW to Sell Industrial Packaging BizThe Industrial Packaging segment had contributed $2.4 billion or 13.5% of the company’s total revenue in 2012. The segment engages in the production of steel, plastic, and paper products used for bundling, shipping, and protecting transported goods.