Davis-Standard to acquire Extrusion Technology Group

Pawcatuck, CT-based extrusion and converting machinery maker Davis-Standard LLC will acquire the Extrusion Technology Group from entities controlled by Dutch investor Nimbus. Terms of the deal were not disclosed.

Davis-Standard has been majority-owned by funds affiliated with Gamut Capital Management since December 2021 and serves the global infrastructure and packaging end-markets with a highly engineered suite of extrusion equipment and converting systems supported by world-class aftermarket spare parts, service, and support for its base of industry critical customers.

ETG is a well-established player in the global extrusion equipment and services sector with a history dating back to 1943. With a reputation for world-class engineering and innovation, ETG is a leader in the supply of extrusion equipment and downstream processing equipment, in addition to extensive tooling, dies, spare parts, and service capabilities, for the global pipe, profile, film and sheet markets. ETG’s operations span Europe, the United States, and Asia and includes long-established and storied brands, such as Battenfeld-Cincinnati, Exelliq (formerly known as Greiner Extrusion), and Simplas.