Hamilton Robinson Acquires Davis-Standard
PAWCATUCK, Conn.—Davis-Standard, LLC announced that the company has been acquired by management and an investor group led by Hamilton Robinson LLC, a Stamford, Conn.-based private equity firm. The acquisition supports Davis-Standard’s strategy to grow its global converting and extrusion systems businesses as well as Chemtura Corporation’s decision to divest of a noncore business and focus instead on their specialty chemical business. “Chemtura has been an excellent partner. We especially appreciate the support and counsel of Bob Wood, Chemtura’s chairman and CEO as well as the guidance and advice of senior Chemtura executives Greg McDaniel and Arthur Wienslaw, who served ably on the Davis-Standard board of directors,” said Charles Buckley, president of Davis-Standard, LLC.
- Companies:
- Davis-Standard, LLC Converting Systems