Cross-border team advises Davis-Standard on the acquisition of Extrusion Technology Group
Global | Press release - Business | February 2024
Global law firm Norton Rose Fulbright has – together with Kirkland & Ellis – advised Davis-Standard LLC, a portfolio company majority owned by Gamut Capital Management LP, on the acquisition of the Extrusion Technology Group (ETG) from Dutch Investor Nimbus.
ETG is a global supplier of extrusion equipment and downstream processing equipment and offers tooling, dies, spare parts and service capabilities, for the global pipe, profile, film and sheet markets. Davis-Standard has been majority-owned by Gamut Capital Management LP since December 2021. The company serves the global infrastructure and packaging end-markets with extrusion equipment and converting systems supported by aftermarket spare parts, service, and support.
Davis-Standard LLC was advised by an international Norton Rose Fulbright team led by partners Frank Henkel (Corporate/M&A, Munich) and Saskia Blokland.
The German team comprised Alexander Mathes (corporate/M&A, Munich), Claudia Posluschny, Stefanie Grosche-Radina, Michaela Zenkert (all employment, Munich), Dr Christoph Ritzer, Dr Ingemar Kartheuser, Natalia Filkina (IT and data privacy, Frankfurt), Dr Alexander Cappel, Hannes Lubitzsch, Johannes Brehm, Dr Christina Hund (regulatory and sanction control, Frankfurt), Claus Pegatzky (real estate and regulatory, Frankfurt), Clemens Rübel and Tiffany Zilliox (both IP, Munich).
The Amsterdam team comprised Marit van den Elshout, David de Roos (both corporate/M&A, Amsterdam), Rob van Eldik and Selma Jonker (both employment, Amsterdam).