BW Papersystems, a Barry-Wehmiller company and capital equipment supplier for the paper industry, has acquired Dongguan K&H Machinery. The transaction closed on May 31.
K&H manufactures complete corrugators to create corrugated sheets. With operations in Dongguan, China, and Taiwan, K&H has sold products in Asia, Central and South America, and Europe for the past 30 years.
For decades, BW Papersystems and K&H have often worked together on projects throughout China. Now, the two companies will join efforts to better serve the industry and increase their global market presence. BW Papersystems is pleased to welcome 145 team members to the company as a result of this collaboration.
“We have partnered with K&H for a long time,” said Neal McConnellogue, president of BW Papersystems. “By merging the two companies, BW Papersystems will step into our broader vision and open ourselves to new customer opportunities.”
“I look forward to continuing K&H’s and BW Papersystems’ progress in the global corrugated market,” said Wu Kuan Hsiung, president and board chairman of K&H, who will continue to consult on innovation and business matters, as the K&H and MarquipWardUnited product lines merge equipment and technology.
K&H is BW Papersystems’ 11th acquisition focusing on capital equipment in the paper industries, and is Barry-Wehmiller’s 105th acquisition.
Post time: Aug-28-2019