Kirkland & Ellis is advising extrusion equipment and services company Davis-Standard LLC on the acquisition of the Extrusion Technology Group (ETG) from Dutch Investor Nimbus. ETG is a global supplier of extrusion equipment and downstream processing equipment and offers tooling, dies, spare parts and service capabilities, for the global pipe, profile, film and sheet markets. Davis-Standard plans to establish the ETG business as a standalone segment.
Davis-Standard has been majority-owned by Gamut Capital Management LP since December 2021. The company serves the global infrastructure and packaging end-markets with extrusion equipment and converting systems supported by aftermarket spare parts, service, and support.
The Kirkland team is being led by corporate partners Marshall Shaffer, Attila Oldag and David Huthmacher with support from corporate partners Steven Choi and Pete Martelli and associates Tamara Zehentbauer, Jorge Toledo, Adam Mayer Wolfe and Philipp Keinath; debt finance partner Yuli Wang and associate Raghav Gupta; antitrust & competition partners Thomas Wilson, Philipp Gnatzy and Joel Gory and associates Sandeep Ravikumar and Alexandre Rouhette; tax partners Mark Schwed, Steven Ort and Michael Ehret and associate Tim Löper; employee benefits partner Chris Chase and associate Annika Morin; and executive compensation associates Lindsey Buckley and Austin Vincenzini.