Tag Archives: Relational Investors Illinois Tool Works

Illinois Tool Works Close To Selling Off Its Industrial Packaging Unit

Take an activist investor, mix in a large, underperforming corporation with numerous business lines and you have all of the ingredients for a spin. Right? Well, roughly a year ago, Illinois Tool Works (ITW) began a process of ‘exploring options’ for its industrial packaging unit as part of its grand five year plan to improve operating performance and… Read More »

Illinois Tool Works Explores Options For Industrial Packaging

Illinois Tool Works (ITW) has been going through quite the transformation over the past year or so after being egged on by activist investor Ralph Whitworth. The company sold a 51% stake in its decorative surfaces division last year and last week it announced that it was ‘exploring strategic alternatives’ for its industrial packing unit. This seems to fit… Read More »