Chemtura [finally] sells Davis-Standard unit

Middlebury, Connecticut – Chemtura, the specialist chemicals company, has finally sold its extruder machinery business unit, Davis Standard. The new owner is Hamilton Robinson LLC, a private equity company to whom Chemtura sold a minority stake in Davis-Standard in April 2005. Management will own more than 20 percent of the company´s common equity, said Davis-Standard president Charles Buckley.

Hamilton Robinson has been building a business in polymer extrusion business over the last couple of years, having acquired the Merritt Extruder Corp. in August 2005 and Magnatech…

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