Thursday, April 11, 2013

Avery Weigh-Tronix Limited Acquires Central Weighing Limited



Avery Weigh-Tronix Limited, a business unit of Illinois Tool Works Inc. (NYSE: ITW), has announced it has acquired Central Weighing Limited. Both companies have their headquarters in the UK.

Central Weighing specialises in vehicle weighing, tracking and management systems. It also offers a unique web based tracking and monitoring system developed for municipal vehicles and the waste industry marketed under the Exactrak name.

Avery Weigh-Tronix is a leading edge global manufacturer and supplier of high quality industrial weighing products and systems. The acquisition of Central Weighing will facilitate the pooling of technological resources, complimentary product and service capabilities of two market leaders. It also reinforces the commitment by Avery Weigh-Tronix to providing smarter innovative products and achieving greater reach to the global marketplace with expansion into both existing and growth markets.

“Avery Weigh-Tronix is one of the leading industrial scale and weighing system manufacturers in the world. The acquisition of Central Weighing will bring a new depth of innovative products, allowing us the opportunity to expand our global reach and bring added value to the market by leveraging existing distribution networks,” said Peggi Trimble, General Manager, Industrial Division at Avery Weigh-Tronix.

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