ITW Acquires Teknek

GLENVIEW, Ill.—Illinois Tool Works Inc. announced it acquired Teknek, a leader in manufacturing contact sheet cleaning and web cleaning solutions for the electronic and industrial markets. Terms of the transaction were not disclosed. Teknek will be a wholly-owned subsidiary of Illinois Tool Works and will become a part of the company's existing electrostatics business platform, within the electronics group.

In 1984, Teknek invented the process of contact cleaning using a combination of rubber pick up rollers combined with an adhesive roll system. Contact cleaning has become a leading option for many manufacturers where surface contamination has become an issue. It is used in many critical processes such as printed circuit board assembly, printing, and converting.

“Teknek’s strong reputation, product development and worldwide footprint compliment ITW’s existing electronic and industrial businesses within the Electrostatics platform, which are marketed under the Simco-Ion, Eltex and Electrostatic Technology brands,” says Michael Oldt, general manager of Illinois Tool Works's electrostatics group.