Davis-Standard
Acquisition of Deacro Industries

17.12.2019 Davis-Standard (Pawcatuck, Connecticut), has acquired Deacro Industries, which is based in Mississauga, Canada. The company designs, manufactures and assembles high performance slitting, rewinding and roll handling equipment for the converting process of paper, film and foil materials.

Deacro’s Model T800 duplex twin-turret slitter, which provides unloading of finished rolls and core set-up while simultaneously running web.
© Photo: Davis-Standard
Deacro’s Model T800 duplex twin-turret slitter, which provides unloading of finished rolls and core set-up while simultaneously running web.

“Deacro is a market leader in high performance slitting and rewinding equipment technology for flexible packaging applications and we are excited to welcome their dedicated team to Davis-Standard,” said Jim Murphy, Davis-Standard president and CEO. Murphy added “We are enthusiastic about this opportunity with Deacro; our organisations share a common focus on providing our customers solutions, service and technology.”

Shared business values

Clarence Beishuizen, president of Deacro Industries Ltd., remarked on the transaction: “We are very pleased to join Davis-Standard, an organisation that shares our business values and longstanding reputation as a global leader in the industry. With Davis-Standard we have a partner that is committed to our customers, employees and advancing technology. Deacro will continue to operate and serve its customers as before and we are enthusiastic about our opportunities with Davis-Standard.”

Common future

Murphy concluded: “This is an exciting day for both organisations as we begin our future together.”

www.davis-standard.com
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