US-based designer of extrusion and converting technology, Davis-Standard, has acquired Gloucester Engineering.
The purchase, says Davis-Standard, will strengthen the company’s blown film offering by adding experienced design and process engineering capabilities, a large installed base and greater worldwide aftermarket capabilities.
“We’re excited about combining the strengths and market reach of Davis-Standard and Gloucester,” said Jim Murphy, Davis-Standard president and CEO.
“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.”
Gloucester has been a brand name in film applications for more than 50 years. Customers of Davis-Standard and Gloucester will now have access to this blown film technology and aftermarket service under one roof.
Carl Johnson, Vice President of Sales, Gloucester Engineering, commented: “The alignment of our companies leverages our sizeable base of installed equipment with the 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.”
Ernie Plasse, Davis-Standard’s Executive Vice President, will lead Gloucester’s integration into Davis-Standard.