Market Overview

Illinois Tool Works Buys Coeur Holding, Terms Not Disclosed

ITW Medical Products, a division of Illinois Tool Works (NYSE: ITW), today announced it has completed the purchase of Coeur Holding Company, a leading provider of disposable medical products used in diagnostic imaging and other medical procedures. Terms of the transaction were not disclosed.

"Coeur has great customer focus, innovative medical products and a talented leadership team," said Jim Van Ingen, ITW Group President. Jay Cude, CEO of Coeur, said "I am excited about joining ITW. The company is committed to the medical products market and is planning on investing in Coeur's growth. Our customers will also have access to the ITW Medical Products Filtertek line of products."

Posted-In: News M&A

 

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