BWIR to Acquire think3 Engineering Services Division in India
ST.
LOUIS, MO, May 12, 2009 - Barry-Wehmiller International Resources (BWIR) has
announced the signing of a letter of understanding with think3 of Milan,
Italy, to transition and integrate think3’s Engineering Services Division
with BWIR’s operations in Chennai, India. Think3 is a leading provider of
engineering products and services for more than 30 years. The agreement will
allow current and future think3 customers to leverage BWIR’s broad service
offerings, offshore model and global footprint to enhance their competitive
market positions.
“Think3’s Engineering Services Division is a perfect complement to BWIR
on multiple fronts,” said Senthilkumar Deivasigamany, BWIR senior partner.
“The type of customers, the model of developing long-term annuity
relationships with dedicated teams, and the nature of the work are all a
strong fit, which we believe will prove mutually beneficial to our customers
as well as our engineering professionals. In addition, BWIR’s people-centric
leadership culture will provide a continuity of professional development
opportunities for the think3 professionals that join BWIR in Chennai.”
BWIR has more than a decade of experience offering tool-agnostic
engineering and product lifecycle management implementation services to
global manufacturing companies. The additional expertise that BWIR will
acquire with the think3 suite of products will provide an added dimension in
the European market to expand BWIR’s global delivery and execution
capabilities.
“Beyond the transition of think3’s Engineering Services Division to BWIR,
we look forward to pursing opportunities in which the synergy between think3
and BWIR will provide greater resource capabilities to meet our global
strategic objectives,” commented Filippo Zuccarello, CEO of think3.
About Barry-Wehmiller International Resources
Barry-Wehmiller International Resources (BWIR) is a global provider of
business and technology solutions to the mid-market manufacturing domain.
With headquarters in St. Louis, Mo., and primary operations in India, BWIR’s
mission is to provide innovative solutions that enable its customers to
achieve a competitive edge in their marketplace. The firm is part of the
consulting platform of Barry-Wehmiller Companies, Inc., a $1.1 billion
global provider of engineering consulting and manufacturing technology
solutions across a broad spectrum of industries.
About think3
Think3 has been operating in the ICT sector for 30 years and provides the
only technology that links three separate design areas: the concept, its
development and the finished product. In this way, think3 enables thousands
of customers to innovate, to compete and to rise to the challenges of global
markets, thanks to the integration of processes, which helps to accelerate
time to market and to reduce costs.
ABOUT BARRY-WEHMILLER
Barry-Wehmiller Companies, Inc. is a diversified global supplier of
engineering consulting and manufacturing technology solutions in packaging,
corrugating, and paper converting across a broad spectrum of industries.
Barry-Wehmiller’s balanced approach to the market is made possible through
nine interactive divisions: Accraply, a leading manufacturer of automatic
labeling and label converting and finishing systems; Barry-Wehmiller
International Resources (BWIR), a global provider of business and technology
solutions to the mid-market manufacturing domain; Design Group, a premier
supplier of manufacturing automation, facility design, and other engineering
consulting services; FleetwoodGoldcoWyard, a leading producer and supplier
of advanced conveyance technology and product handling equipment;
HayssenSandiacre, a form/fill/seal technologies and services leader for more
than 100 years; MarquipWardUnited, a leading manufacturer of equipment for
the corrugated and folded carton industries; Paper Converting Machine
Company (PCMC), providing advanced converting, printing, and packaging
technologies for the tissue, nonwovens, and flexible packaging industries
since 1919; PneumaticScaleAngelus, a global provider for filling, capping,
can seaming, labeling, and centrifugation; and Thiele Technologies, a
leading producer of placing, bagging, cartoning, case packing, and
palletizing equipment.
In fiscal year 2008, a strategic combination of organic and acquisition
growth has allowed Barry- Wehmiller to reach a new milestone, with annual
revenues now surpassing $1.1 billion for the first time in the company’s
123-year history.
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Barry-Wehmiller
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Additional News
Mar 05 - Barry-Wehmiller Design Group Opens 15th Consulting Office May 12 - BWIR to Acquire think3 Engineering Services Division in India Mar 30 - BWIR to Offer Schneider Electric SCADA, MES Solutions Feb 19 - Barry-Wehmiller Promotes Anantharama to 5th Partner Feb 3 - Barry-Wehmiller, power2 Announce Strategic Partnership Jul 7 - BWIR Opens Engineering Services Office in Detroit
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sources and used as is.
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