Davis-Standard, a specialist in the design and manufacturing of extrusion and converting technology, has completed the previously announced acquisition of Extrusion Technology Group (ETG).
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The acquisition includes three esteemed brands: battenfeld-cincinnati, exelliq, and Simplas. These additions officially join the Davis-Standard family, marking a significant milestone in the company's strategic expansion.
"We are thrilled to officially welcome battenfeld-cincinnati, exelliq, and Simplas to the Davis-Standard family. This strategic acquisition reinforces our dedication to providing solutions and comprehensive support to our customers across various industries," said Giovanni Spitale, CEO of DavisStandard. "Together, we are well-positioned to drive innovation, enhance operational efficiency, and meet the evolving needs of the global extrusion and converting market."
Former ETG CEO and president of ETG and member of Davis Standard executive leadership team Gerold Schley said: "We are delighted to embark on this new chapter as part of the Davis-Standard family of brands. The synergies between ETG and Davis-Standard present exciting opportunities for collaboration, innovation, and growth. We see numerous synergies that will allow us to integrate seamlessly, ensuring a smooth transition for customers of all brands."