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Davis-Standard acquires Gloucester Engineering

Acquisition of Gloucester, in which the Mumbai-based Kabra Extrusion Technology holds a minority stake, will strengthen Davis-Standard's global aftermarket and blown film capabilities

Davis-Standard facility

Davis-Standard facility

BS B2B Bureau Pawcatuck, Connecticut (USA)
The US-based Gloucester Engineering Co (GEC), in which the Mumbai-based Kabra Extrusion Technology holds a minority stake, has sold its blown film business to Davis-Standard Llc, one of the leading global players in high-performance plastic and rubber extrusion and converting systems. The purchase of Gloucester Engineering strengthens Davis-Standard’s blown film offering by adding experienced design and process engineering capabilities, a large installed base and greater aftermarket capabilities worldwide.

 
Like Davis-Standard, Gloucester Engineering is well known brand name and innovator in film applications for more than 50 years. Customers of Davis-Standard and Gloucester will now have access to the industry’s premier blown film technology and aftermarket service under one roof.
 
“We are excited about combining the strengths and market reach of Davis-Standard and Gloucester Engineering. Gloucester has always been a strong company, so bringing their technology and engineering expertise to our operation is significant for our combined customer base. It also supports our ongoing goal of continuing to provide equipment and service that improves process efficiency and profitability,” said Jim Murphy, president and CEO, Davis-Standard.

 
 
Carl Johnson, vice president of sales, Gloucester Engineering, added, “The alignment of our companies leverages our sizeable base of installed equipment with the industry’s best resources for sales, engineering and service. Both companies have a reputation for strong people and strong brands. This is going to be a game changer in the global blown film market.” 

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First Published: Sep 09 2015 | 4:07 PM IST

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