Barry-Wehmiller adds corrugated machinery producer to its stable of companies
Barry-Wehmiller Companies Inc. has agreed in principle to add Marquip Inc. to the Barry-Wehmiller family of packaging equipment companies. Marquip is an international manufacturer of high-speed machinery for the corrugated paperboard and folding carton industries based in Wisconsin with revenues around $100 million. Terms of the agreement are undisclosed.
The acquisition adds advanced corrugated equipment technology to Barry-Wehmiller Companies' vast product line, enhancing the company's single-source capabilities in the packaging industry. The Marquip addition would be accomplished through an asset purchase and would represent Barry-Wehmiller's 13th acquisition in 11 years. It will boost Barry-Wehmiller's annual revenues to more than $360 million.
Marquip produces corrugated, sheeting and pallet machinery, holding several patents for equipment and processes. Recent product developments allow Marquip to offer complete corrugator lines and provide a single source of supply. "This strategy is congruent with Barry-Wehmiller's philosophy," says Carl R. Marschke, Marquip's president.
Marquip has an installed base exceeding 6,400 machines worldwide. The 30-year-old corrugated equipment company has offices in 21 countries, giving it a significant position in the global corrugated market, which Barry-Wehmiller calls the largest segment of the packaging materials market.
Barry-Wehmiller asserts that the global corrugated market has benefited from the growth in e-commerce, due to the efficiency of corrugate as a primary packaging medium. Corrugated capital equipment purchases will continue to increase in the year 2000 and beyond due to demand created by the augmented use of express carrier services, the increased need to protect fragile materials during shipment and the environmentally friendly nature of corrugated packaging materials.
Headquartered in St. Louis with operations globally, Barry-Wehmiller Companies Inc. features seven interactive divisions including: Accraply, a manufacturer of automatic labeling systems; Design Group, which designs, installs and commissions integrated systems for the packaging industry; Fleetwood, a supplier of conveying systems and specialty equipment; Hayssen, a leader in form/fill/seal packaging and computerized weighing; Pneumatic Scale, a producer of fillers, cappers, can seamers, pasteurizers and specialty equipment for the beverage industry; Thiele Technologies, which provides cartoning, case packing, filling, friction feeding, placing, automated bag handling, packaging and palletizing equipment; and Zepf, a specialist in case packers, shrink-wrappers, bundlers, change parts, feedscrews, and servo technology.
For more information: Barry-Wehmiller Design Group, Inc., Tel: 314-862-8000, Fax: 314-862-2921
Edited by Bill Noone