Aliaxis Group acquires Vinilit SA, the market leader in Chile Strengthening its Latin American footprint with market leader Brussels /Santiago, December 14, 2012 – Aliaxis Group S.A., a leading global manufacturer and distributor of primarily plastic fluid handling systems, today announced the acquisition of 100% of Vinilit S.A. Aliaxis Group already had a 40% interest in Vinilit as a minority shareholder. By acquiring the remainder of the shares of Pizarreño (part of Etex), Vinilit, leader in the Chilean market in plastic fluid handling systems now becomes an integral part of the Aliaxis Group. “We are very pleased to acquire the market leader in Chile in plastic fluid handling systems. With this acquisition the Aliaxis Group strengthens its footprint in the Latin American market and Vinilit now becomes part of a global group that is a specialist in its field. The Group is committed to assisting the excellent management team in Vinilit to pursue its development plans for the Chilean market and they will be able to fully access the Group’s know how, expertise and broad product range” says Yves Mertens, CEO of Aliaxis Group. Vinilit is considered the market leader in plastic fluid handling systems in Chile and offers products and solutions for construction, building, waterworks, plumbing, agriculture, mining and other industries. With a proven track record based on the superior quality of its products and service, Vinilit is a partner of choice for a wide variety of projects throughout Chile. Its offering consists of PVC, PP and HDPE piping, connectors, valves, domestic water systems, rain gutters, adhesives and a wide array of solutions for efficient water management. The Company has two production plants and employs over 400 permanent staff. It has developed a strong network of distributors thus allowing Vinilit to service its clients in many different segments. Financial details about the transaction will not be disclosed.
NOTE TO THE EDITORS About Aliaxis Group Aliaxis Group is a leading global manufacturer and distributor of primarily plastic fluid handling systems used in residential and commercial construction, as well as in industrial and public infrastructure applications. Aliaxis’ well known brands have a strong identity and are firmly established in the markets they serve. With a presence in over 40 countries, with more than 100 manufacturing and commercial entities and employing over 14.000 people, the Belgian privately owned company realized net sales of ₏ 2,235 million in 2011. In addition to the well-established markets of Europe and North America, it has operations in Latin and South America, Australasia and Asia. The Group leverages its local and global knowledge of the industry, regulations and building habits to provide consistently excellent customer service through its distribution partners to building installers, infrastructure contractors and others. Thanks to the entrepreneurial spirit of its people, balanced with the strengths, know-how and international reach of the Group, it continues to develop and improve its positions in key building applications throughout the world. More on www.aliaxis.com