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        PRA

Davis-Standard acquires converting equipment firm

Davis-Standard acquires converting equipment firm

US-based extrusion machinery firm Davis-Standard has acquired Deacro Industries of Mississauga, Ontario. Deacro designs, manufactures and assembles high performance slitting, rewinding and roll handling equipment for the converting process of paper, film and foil materials.

“Deacro is a market leader in high performance slitting and rewinding equipment technology for flexible packaging applications and we are excited to welcome their dedicated team to Davis-Standard,” said Jim Murphy, Davis-Standard President/CEO.

Murphy added “We are enthusiastic about this opportunity with Deacro; our organisations share a common focus on providing our customers solutions, service and technology.”

Clarence Beishuizen, President of Deacro Industries, remarked on transaction. “We are very pleased to join Davis-Standard, an organization that shares our business values and longstanding reputation as a global leader in the industry.” he said. “With Davis-Standard we have a partner that is committed to our customers, employees and advancing technology. Deacro will continue to operate and serve its customers as before and we are enthusiastic about our opportunities with Davis-Standard.”

Davis-Standard, headquartered in Pawcatuck, Conn., offers over ten product lines to support manufacturing applications and customers within every major industry. This includes the agriculture, automotive, construction, healthcare, energy, electronics, food and beverage packaging, and retail industries, among others. With more than 1,400 employees worldwide and a network of independent sales agents and suppliers in nearly every country, the company has manufacturing and technical facilities in the US, Canada, China, Germany, Finland, Switzerland and the UK.

(PRA)


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