Davis-Standard is a global leader in highly engineered plastics processing systems.
ONCAP acquired Davis-Standard (“Davis-Standard”) through a targeted industry focus and successfully partnered with management to acquire the majority of the business in December 2011.
Davis-Standard is a global leader in highly engineered plastics processing systems, with a focus on the design, development and manufacturing of extrusion and converting systems. Davis-Standard employs approximately 900 people and operates six manufacturing facilities in the United States, Germany and China.
ONCAP was attracted to Davis-Standard’s leading market position, breadth of technical capabilities, end-market and geographic diversity, long-standing customer relationships, strong free-cash-flow characteristics and experienced employee base and management team. The business also had many opportunities for growth, including: (i) strategic sourcing and improvement of manufacturing operations; (ii) new product development;
(iii) accelerating growth in aftermarkets and international markets; and (iv) completing acquisitions in a highly fragmented market.