Merger expands company’s machine solutions in the folding-carton
industry BW Papersystems, a Barry-Wehmiller company and capital equipment
supplier for the paper industry, has acquired North American Cerutti Corp.’s
Zerand division, from Officine Meccaniche Giovanni Cerutti S.p.A. Fredericks
Michael & Co. acted as exclusive financial advisor to Cerutti.
Zerand, based in New Berlin, Wisconsin, is a leading manufacturer of high-speed platen and rotary die-cutting machinery for the print and converting industry.
By adding Zerand into BW Papersystems, both manufacturers will strengthen their positions in the industry and expand their product offerings. Zerand, which will be called BWP Zerand, will remain in New Berlin, and the team will work cooperatively with three other BW Papersystems facilities and team members in Wisconsin, as well as with other team members at locations internationally.
Zerand is a market leader for die-cutting lines in the folding-carton industry.
BW Papersystems, with its new Zerand team members, now employs more than 1,700 team members worldwide.