Extrusion Asia Edition 1-2024

13 Extrusion Asia Edition 1/2024 */#£„‰Š ➠ Davis-Standard, LLC www.davis-standard.com 户、合作伙伴和利益相关者提供价值。 本公司对此次收购为合作、创新和增长 创造的机会满怀热情。 Acquisition Completed n Davis-Standard announced that it has completed the previously announced ac- quisition of Extrusion Technology Group (ETG). The acquisition includes three esteemed brands: battenfeld-cincinnati, Exelliq, and Simplas. These additions officially join the Davis-Standard family, marking a signifi- cant milestone in the company's strategic expansion. The acquisition further streng- thens Davis-Standard's position as an in- dustry leader, combining its expertise with the innovative technologies and market presence of battenfeld-cincinnati, Exelliq, and Simplas. With a shared commitment to excellence, the unified team is poised to deliver unparalleled solutions and sup- port to customers worldwide. "We are thrilled to officially welcome bat- tenfeld-cincinnati, Exelliq, and Simplas to the Davis-Standard family. 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. "Togeth- er, we are well-positioned to drive inno- vation, enhance operational efficiency, and meet the evolving needs of the glo- bal extrusion and converting market." Former ETG CEO and now President of ETG and member of Davis Standard Exe- cutive Leadership Team Gerold Schley stated, "We are delighted to embark on this new chapter as part of the Davis- Standard family of brands. The synergies between ETG and Davis-Standard present exciting opportunities for collaboration, innovation, and growth." Schley added, “We see numerous synergies that will allow us to integrate seamlessly, ensuring a smooth transition for customers of all brands." Integrating these renowned brands into the Davis-Standard portfolio brings a wealth of knowledge, experience, and advanced technologies. Customers can expect an expanded product offering, in- creased service capabilities, and a broader geographical presence to serve their unique requirements better. Davis-Standard remains committed to de- livering value to its customers, partners, and stakeholders. The company is enthu- siastic about the opportunities that this acquisition creates for collaboration, in- novation, and growth.