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ITW Completes Acquisition of MTS Test & Simulation Business

GLENVIEW, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today announced that it has completed the acquisition of the MTS Test & Simulation business from Amphenol Corporation (NYSE: APH).

About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 43,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

Media Contact

Investor Relations

Illinois Tool Works

Illinois Tool Works

Tel: 224.661.7451

Karen Fletcher

mediarelations@itw.com

Tel: 224.661.7433

investorrelations@itw.com