Illinois Tool Works Inc., Glenview, IL, announced that its board of directors has authorized a plan to divest its Decorative Surfaces segment consisting of the Wilsonart and related laminate businesses and the Click Commerce industrial software business.
Wilsonart was acquired in 1999 by ITW as part of the Premark International transaction. In 2007, the decorative surfaces segment had revenues of $1.2 billion. Wilsonart manufactures and distributes custom construction products for commercial, residential and renovation applications. Products include decorative laminate, solid surface, flooring, decorative materials, adhesives and custom edges. The group has 16 business units worldwide with the majority of revenues based in North America.
International …
Illinois Tool Works to Divest Two Businesses
Illinois Tool Works Inc., Glenview, IL, announced that its board of directors has authorized a plan to divest its Decorative Surfaces segment consisting of the Wilsonart and related laminate businesses and the Click Commerce industrial software business.
Wilsonart was acquired in 1999 by ITW as part of the Premark International transaction. In 2007, the decorative surfaces segment had revenues of $1.2 billion. Wilsonart manufactures and distributes custom construction products for commercial, residential and renovation applications. Products include decorative laminate, solid surface, flooring, decorative materials, adhesives and custom edges. The group has 16 business units worldwide with the majority of revenues based in North America.
International …
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- Filed In: Companies, Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
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