EuroWire January 2024

Corporate News

Davis-Standard to acquire Extrusion Technology Group

systems supported by aftermarket spare parts, service and support for its customer base. Giovanni Spitale, CEO of Davis-Standard, stated, “We have long admired ETG’s capabilities and highly engineered products and are thrilled to welcome ETG into the Davis-Standard family of brands. The acquisition of ETG will be highly complementary and diversifying to our fast-growing enterprise, and we believe it will allow Davis-Standard to provide a broader and deeper product portfolio to our customers.” It is intended that the ETG business will be established as a stand-alone segment that will continue to serve its base of customers, with additional support and capabilities from Davis-Standard. Gerold Schley, CEO of ETG, will join the Davis Standard senior leadership team and continue to manage the ETG business after closing of the transaction. Davis-Standard, LLC www.davis-standard.com

downstream equipment, in addition to extensive tooling, dies, spare parts and service capabilities, for the global pipe, profile, film and sheet markets. Its operations span Europe, the USA and Asia. Davis-Standard serves the global infra- structure and packaging end-markets with a highly engineered suite of extrusion equipment and converting Boockmann Engineering provides customer-specific solutions with experience in environ- mental protection standards. The company will present its Helicord® technology for surface processing of wire and cable, such as welding wire finishing or removal of misprints from cable. It will also show its Helilub® technology for precision, solvent free lubrication of magnet wire, and the Labtech range of products for production related analysis and measuring technology. Read the full story in the March issue processing Boockmann Engineering GmbH Established in 1982,

Extrusion equipment specialist Davis Standard has reached a definitive agreement to acquire the Extrusion Technology Group (ETG). The acquisition is subject to customary closing conditions. With a history dating back to 1943, ETG is well established in the global extrusion equipment and services sector. It supplies extrusion equipment and Controle Mesure Systemes Controle Mesure Systemes, a France based company and a key member of the CMS Group, which includes Sofratest and American subsidiary CMS Inc, specialises in the design and manufacture of non destructive testing solutions utilising eddy current and ultrasonic technologies for a wide range of applications. Since its establishment in 1988, CMS has delivered innovative and accurate turnkey systems that are adaptable, durable, repeatable and traceable. Read the full story in the March issue

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January 2024