ITW to Acquire DOT Label, Inc.

Illinois Tool Works Inc. (ITW) has signed an agreement to acquire substantially all of the assets of DOT Label, Inc., a provider of custom, high quality labels for the consumer goods markets. Terms of the pending transaction which is expected to close on June 1, were not disclosed. Based in Gardner, Kansas, DOT Label, Inc., which was founded in 1960, has a second label converting facility in Cincinnati, OH. DOT Label, Inc. will become part of ITW's Diagraph Label Group which is based in St. Charles, MO.

GLENVIEW, IL — Illinois Tool Works Inc. (ITW) has signed an agreement to acquire substantially all of the assets of DOT Label, Inc., a provider of custom, high quality labels for the consumer goods markets. Terms of the pending transaction which is expected to close on June 1, were not disclosed.

Based in Gardner, Kansas, DOT Label, Inc., which was founded in 1960, has a second label converting facility in Cincinnati, OH. DOT Label, Inc. will become part of ITW’s Diagraph Label Group which is based in St. Charles, MO.

ITW is a $12.8 billion in revenues diversified manufacturer of highly engineered components and industrial systems and consumables. The company consists of approximately 700 business units in 48 countries and employs some 50,000 people.

_______________________________________

Click here to view the rest of today’s headlines.