GlobeNewswire Inc | Dec 1, 2021 10:39AM EST

December 01, 2021

GLENVIEW, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today announced that it has completed the acquisition of the MTS Test & Simulation business from Amphenol Corporation (NYSE: APH).

About Illinois Tool WorksITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020. The companys seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITWs approximately 43,000 dedicated colleagues around the world thrive in the companys decentralized and entrepreneurial culture. www.itw.com

Media Contact Investor RelationsIllinois Tool Works Illinois Tool WorksTel: 224.661.7451 Karen Fletchermediarelations@itw.com Tel: 224.661.7433 investorrelations@itw.com