Fletcher-Terry Acquires AMP and Alfamacchine
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Under the terms of the sale, AMP and Alfamacchine will each become wholly owned subsidiaries of Fletcher-Terry. The purchase includes all of AMP and Alfamacchine’s property, equipment, patents and intellectual property. Fletcher-Terry intends to operate the two businesses independently and will continue operations at all existing AMP and Alfamacchine facilities. Fletcher will continue ITW’s tradition of offering trade accounts and multi-site retailers innovative products and outstanding service.
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