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New Owner for Davis-Standard
Private equity firm Gamut Capital Management buys extrusion machine builder from Onex.
Gamut Capital Management, L.P., a New York-based middle-market private equity firm, has signed a definitive agreement to acquire Davis-Standard LLC and its affiliates from ONCAP, the middle-market private equity platform of Onex. Financial terms were not disclosed.
Davis-Standard is a leading supplier of extrusion and converting systems and for film, sheet, pipe/profile/tubing and compounding with an installed base of approximately $7.5 billion of equipment globally, Gamut said in a press release.
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