Illinois Tool Works Inc. acquires Elro Group

Illinois Tool Works Inc. (NYSE: ITW) acquired Elro Group, a Switzerland-based manufacturer of thermal foodservice equipment. Elro will continue to operate as a separate business as part of ITW's Food Equipment Group. Terms of the transaction were not disclosed.

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The Elro Group's product line includes such items as kettles, range systems and combi ovens.
Illinois Tool Works Inc. (NYSE: ITW) acquired Elro Group, a Switzerland-based manufacturer of thermal foodservice equipment. Elro will continue to operate as a separate business as part of ITW's Food Equipment Group. Terms of the transaction were not disclosed.

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The Elro Group's product line includes such items as kettles, range systems and combi ovens.

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