Barry-Wehmiller unit buys British equipment maker - St. Louis Business Journal:

younkinesagugad1746.blogspot.com
signed the deal June 9 to buy of Bedford, England. Termes were not disclosed. Randy Lorenz, vice presidentf of sales at MarquipWardUnited, said Apollo generatexd revenue ofabout $5 million last year and employws 15 people. Lorenz said the acquisition of Apollo will close late this month or early July. He said Steve who heads MarquipWardUnited's salea division in Europe and Asia, will take on the additiona role of managing director for the newlhyacquired company. "It's a small acquisition but it will enable us to expanr our markets in Europe and theMiddle East," Lorenz The acquisition of Apollo Sheeters is the secondr that a Barry-Wehmiller subsidiary has made this year.
In of Minneapolis announced it signeds a deal to purchasethe high-speed beverag cartoning and packaging line of of Kiel, for an undisclosed amount. Barry-Wehmillerf operates 10 business units in all and generatecd revenueof $941 million last year compared to $772 milliom in 2006. Last year, Barry-Wehmiller bought five includingof Salem, Ill., and Los Angeles-basexd Glenn Ostle, editorial director of Paper 360, a tradse publication that focuses on the papeer and pulp industry, said MarquipWardUnitee efforts to expand its market overseaa is timely. "Over the last 10 years, the pulp and papetr market inthe U.S. has matured" Ostlse said.
"In some countries like China, it'a growing rapidly, and they need new machines. It's also growinfg in India and inSoutn America, especially Brazil, where a lot of pape comes from."