Davis-Standard Acquires Deacro Industries
Davis-Standard, LLC has acquired Deacro Industries, Ltd (“Deacro”) 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 and CEO. Murphy added “We are enthusiastic about this opportunity with Deacro; our organizations share a common focus on providing our customers solutions, service and technology.”
Clarence Beishuizen, President of Deacro Industries Ltd., 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, LLC (www.davis-standard.com), headquartered in Pawcatuck, Conn., is a global leader in the design, development and distribution of extrusion and converting technology. Davis-Standard systems encompass over 10 product lines to support manufacturing applications and customers within every major industry. With more than 1,400 employees worldwide, the company has manufacturing and technical facilities in the United States, Canada, China, Germany, Finland, Switzerland and the United Kingdom.