Davis-Standard LLC has acquired Brampton Engineering Inc, a Brampton, Ontario-based provider of multi-layer air-blown and water-quenched film systems, film winding, and other film production solutions. No financial terms were released. Established in 1973, Brampton is led by President and CEO Gary Hughes. Pawcatuck, Connecticut-based Davis-Standard is a manufacturer of plastic and rubber extrusion and converting systems. It was acquired in 2011 by ONCAP, the mid-market investment platform of Canadian private equity firm Onex Corp.
Davis-Standard Acquires Brampton Engineering
(Pawcatuck, Conn.) – Davis-Standard, LLC announced today that it has acquired Brampton Engineering of Brampton, Ontario. Brampton Engineering, LLC (www.be-ca.com) is the leading provider of multi-layer AeroFrost® air blown and AquaFrost® water quenched film systems, film winding and many other film production solutions.
“Today we are pleased to welcome Brampton Engineering with their globally recognized blown film technology to our team,” said Jim Murphy, Davis-Standard President and CEO. Murphy added “BE’s focus on customer support, technology and its employees align well with the values of Davis-Standard.”
Gary Hughes, CEO of Brampton Engineering, remarked on teaming with Davis-Standard.
“Davis-Standard is a global leader in plastic extrusion technology and we are proud to join their team. D-S brings resources and support to our business to better serve our customers worldwide and we are excited about the solutions we can present together.”
Murphy closed with, “We are very enthusiastic about our future together with Brampton Engineering and would also like to thank our majority owners, ONCAP, for their continual support.”
About Davis-Standard, LLC
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. This includes the agriculture, automotive, construction, healthcare, energy, electronics, food and beverage packaging, and retail industries, among others. With more than 1,250 employees worldwide and a network of independent sales agents and suppliers in nearly every country, Davis-Standard is committed to engineering systems that are cost effective, environmentally friendly, and offer a high return on investment. The company has manufacturing and technical facilities in the United States, China, Germany, Finland, Switzerland, Canada and the United Kingdom.
ONCAP is the mid-market private equity platform of Onex. ONCAP, in partnership with operating company management teams, invests in and builds shareholder value in North American small and mid- size companies that are leaders in their defined market niche and possess meaningful growth potential.
Through its Onex Partners and ONCAP private equity funds, Onex acquires and builds high-quality businesses in partnership with talented management teams. The company has approximately US$25 billion of assets under management, including US$6 billion of Onex proprietary capital, in private equity and credit securities. For more information on Onex, please visit www.onex.com