Davis-Standard recently completed the previously announced acquisition of Extrusion Technology Group (ETG).
Through the acquisition, three brands—battenfeld-cincinnati, Exelliq, and Simplas—officially become part of Davis-Standard, the company said in a news release.
“This strategic acquisition reinforces our dedication to providing cutting-edge solutions and comprehensive support to our customers across various industries,” said Giovanni Spitale, CEO of Davis-Standard, in a statement. “Together, we are well-positioned to drive innovation, enhance operational efficiency, and meet the evolving needs of the global extrusion and converting market.”
Gerold Schley, former CEO of ETG, is now president of ETG and a member of the Davis-Standard Executive Leadership Team.
“We see numerous synergies that will allow us to integrate seamlessly, ensuring a smooth transition for customers of all brands,” Schley said in a release.