Davis-Standard Completes Maillefer Acquisition
- Published: September 18, 2017
PAWCATUCK, CT | Davis-Standard has closed its acquisition of Maillefer International Oy of Vantaa, Finland, and Ecublens, Switzerland. Maillefer is a global supplier of 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,” says 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.”
Lars Fagerholm, preceding CEO of Maillefer and newly appointed Davis-Standard executive VP, Maillefer, says, “This is a historic day for all Maillefer customers and employees as we join Davis-Standard, an organization built on technology and service. 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 adds, “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.”
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