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HomeMergers & AcquisitionsDavis-Standard to acquire Extrusion Technology Group

Davis-Standard to acquire Extrusion Technology Group

Davis-Standard chief executive Giovanni Spitale said the deal will allow the company to provide a deeper product portfolio

Extrusion equipment producer Davis-Standard has reached a definitive agreement to acquire the Extrusion Technology Group (ETG) from entities controlled by the Dutch Investor Nimbus. Founded in 1943, ETG supplies extrusion and downstream processing equipment, in addition to extensive tooling, dies, spare parts, and service capabilities, for the global pipe, profile, film and sheet markets. The…

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