Aliaxis announces successful closing of the acquisition of Vinidex in Australia Brussels – Sydney, August 1st, 2014 - Aliaxis announces the successful closing of the transaction to acquire Metal Manufactures Limited’s wholly owned subsidiary Vinidex Pty Limited, a leading Australian manufacturer of PVC and Polyethylene piping systems with state-of-the-art manufacturing facilities and distribution network across Australia. As a result of this acquisition, Aliaxis’ revenues are expected to increase by approximately € 340 million on an annual basis and its Australasian division will represent around one fifth of the Group’s global sales. Vinidex will be consolidated as of August 1st, 2014.
About Vinidex Vinidex is Australia’s leading manufacturer and supplier of thermoplastic pipe and fittings systems for the transportation of fluid, data and energy. Established in 1960, Vinidex has an enviable reputation built on product quality, customer service, innovation and performance. Vinidex is considered a leader in environmental performance and sustainability with material efficient product design, energy efficient production and recycling programs which process end of life pipe back into new pipe products. Employing approximately 600 staff in 9 manufacturing plants and 10 distribution centres located throughout Australia, Vinidex manufactures PVC, Polyethylene and Polypropylene pipe systems from 15 mm to 1000 mm in diameter. Vinidex pipe and fittings systems are used in a broad cross-section of applications including plumbing, water supply, sewerage, drainage, mining, industrial, irrigation, gas, electrical, power and telecommunications. Vinidex has extensive logistics experience with major projects and a proven track record for project delivery. More on www.vinidex.com.au About Aliaxis Aliaxis is a leading global manufacturer and distributor of primarily plastic fluid handling systems, generating €2.5 billion in annual sales. Present in over 40 countries with more than 100 manufacturing and commercial entities, the Belgian privately owned Aliaxis has an impressive track record with more than 100 years in business and more than 50 years of experience in plastics built in Europe and North-America, but also increasingly in Latin America, Australasia and Asia. The Group totals 15,700 employees around the globe serving customers in residential and commercial construction, as well as in industrial and public infrastructure applications. Aliaxis’ well-known brands such as Ashirvad, Durman, Friatec, IPEX, Marley and Nicoll have a strong identity and are firmly established in the geographic markets they serve. Thanks to the entrepreneurial spirit of its people, balanced with the strengths, knowhow and international reach of the Group, it continues to develop and improve its positions in key construction applications throughout the world. More on www.aliaxis.com
Press Contact:
Françoise Vanthemsche – Group Communications Director + 32 2 775 50 86 – fvanthemsche@aliaxis.com