ITW Completes Acquisition of MTS Test & Simulation Business

GLENVIEW, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today announced that it has completed the acquisition of the MTS Test & Simulation business from Amphenol Corporation (NYSE: APH).

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Wednesday, December 1, 2021
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GLOBE, Acquisition, Simulation, ITW, Amphenol, Illinois Tool Works Inc. v. Independent Ink, Inc., NYSE, 3D printing, Fine chemical
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Glenview
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ILLINOIS TOOL WORKS INC.
Summary
Key Points: 
  • GLENVIEW, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today announced that it has completed the acquisition of the MTS Test & Simulation business from Amphenol Corporation (NYSE: APH).
  • ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020.
  • The companys seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required.
  • ITWs approximately 43,000 dedicated colleagues around the world thrive in the companys decentralized and entrepreneurial culture.



GLENVIEW, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today announced that it has completed the acquisition of the MTS Test & Simulation business from Amphenol Corporation (NYSE: APH).

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 43,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

Media Contact Investor Relations
Illinois Tool Works Illinois Tool Works
Tel: 224.661.7451 Karen Fletcher
[email protected] Tel: 224.661.7433
  [email protected]



                                                       
                                                  
                                                  
                                        
                                                


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