Davis-Standard Completes Maillefer Acquisition
Davis-Standard, LLC announced today that it has closed its acquisition of Maillefer International Oy of Vantaa, Finland and Ecublens, Switzerland. Maillefer (www.maillefer.net) is the global leader in wire, cable, pipe and tube production technologies.
“We are proud to welcome the entire Maillefer team to the Davis-Standard family, together we become the market leading global extrusion systems and services provider to a world-class customer base,” said Jim Murphy, Davis-Standard President and CEO. “It is an exceptional opportunity to team up with an organization that shares our values and commitment to providing superior customer solutions.”
“This is a historic day for all Maillefer customers and employees as we join Davis-Standard, an organization built on technology and service” stated Lars Fagerholm, preceding CEO of Maillefer and newly appointed as Davis-Standard’s Executive Vice-President, Maillefer. “Maillefer is proud to join an organization with as strong a brand and industry reputation as its own. Together, the dedication to our products, service and customer support will continue as it has in the past.”
Murphy closed with, “This transaction is a major milestone for the growth of Davis-Standard and all our stakeholders. Together with our majority owners, ONCAP, we are enthusiastic to include Maillefer in our vision for the future.”
For more information on the acquisition, contact Debbie Crowley at (860) 599-6237.