Durr Inc. Acquires the Acco Systems Division of FKI plc
11 August 1998
Durr Inc. Acquires the Acco Systems Division of FKI plcPLYMOUTH, Mich., Aug. 11 -- Durr Inc. announces the acquisition of the Acco Systems Division of FKI plc. Acco Systems, Inc., based in Warren, MI, is a pioneer in the design, manufacture and installation of conveyors and material handling systems. Its capabilities substantially expand the material handling systems resources of the Durr Group. With this acquisition, the Durr Group is able to complete its range of products and systems solutions in the material-handling sector. Acco Systems, Inc., will operate in its current facilities and under its own identity. As a world leader in the construction of automotive manufacturing and painting systems, the additional technologies gained through this acquisition will complement the existing Durr conveyor product lines, enabling the company to provide the optimal turnkey package. Both companies have long and storied histories. Acco Systems, Inc. will celebrate its 80th anniversary in 1999 and the parent company of Durr Inc., the Durr Group, Stuttgart, Germany, recently celebrated its 100th year. Durr companies in North America are situated in six locations and employ over 900. They are Behr Systems, Inc., Durr Automation, Inc., Durr Environmental, Inc., Durr Industries, Inc., Henry Filters, Inc., and Acco Systems, Inc. Durr, in the U.S., designs, engineers, manufactures and markets advanced paint finishing, paint automation, environmental controls, industrial cleaning, automation and conveyor and material handling systems and is a world leader in automotive paint technology. The Durr Group is made up of over 20 worldwide subsidiaries, employs about 3,600 and has an annual turnover of approximately $1.2 billion.