Johns Manville to acquire ITW Insulation Systems from Illinois Tool Works

Johns Manville, a Berkshire Hathaway subsidiary, agreed to acquire ITW Insulation Systems from Illinois Tool Works for an undisclosed price. ITW Insulation Systems has four manufacturing plants in the US and Canada and employs 100 people.

“Johns Manville (JM), a Denver-based building products manufacturer and a subsidiary of Berkshire Hathaway, has agreed to acquire ITW Insulation Systems from Illinois Tool Works for an undisclosed price.”business-news-today.com

• 2 sources
• business-news-today.comJohns Manville to acquire ITW Insulation Systems from Illinois Tool WorksPallavi MadhirajuNov 22, 2019
• marketscreener.comJohns Manville Corporation completed the acquisition of ITW Insulation Systems, Inc. from Illinois Tool Works Inc..MarketScreenerDec 30, 2019

Summarized from public sources; check the original articles before acting on it.