Pemco sold to Phillips, Wis., company
A Phillips, Wis.-based company announced Tuesday it has purchased Pemco Inc. and two of its sister operations.
MarquipWardUnited Inc., a Barry-Wehmiller company, said in the announcement that it has purchased Pemco, E.C.H. Will GmbH, and Kugler-Womako GmbH from Körber AG’s Papersystems, pending approval of government antitrust regulators.
Terms of the sale were not released.
MarquipWardUnited manufactures high-speed sheeter equipment and machinery for the corrugated board industry.