Kirkland Advised on Davis-Standard’s Acquisition of Extrusion Technology Group

Kirkland Advised on Davis-Standard’s Acquisition of Extrusion Technology Group

Kirkland & Ellis is advising Davis-Standard LLC, an industry leader in extrusion equipment and services, on the acquisition of the Extrusion Technology Group (ETG) from Dutch investor Nimbus.

ETG is a global provider of extrusion equipment, downstream processing equipment, and comprehensive offerings, including tooling, dies, spare parts, and service solutions, catering to the worldwide pipe, profile, film, and sheet markets. Davis-Standard intends to operate the ETG business as an independent and distinct business segment.

Davis-Standard, a majority-owned subsidiary of Gamut Capital Management LP since December 2021, provides extrusion equipment and converting systems to the global infrastructure and packaging end-markets, supported by aftermarket spare parts, service, and support.

The Kirkland team advising Davis-Standard on its acquisition of ETG is led by corporate partners Marshall Shaffer, Attila Oldag, and David Huthmacher. Other team members include corporate partners Steven Choi and Pete Martelli; 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.