PRESS RELEASE
Aliaxis acquires the business assets of Zezt Pty Ltd in Australia Brussels, 16 March 2016 Aliaxis announces that is has signed a final agreement – after the clearance of the relevant authorities - to acquire the pipe business assets of Zezt Pty Ltd in Tasmania (Australia). Zezt manufactures and sells polyethylene pipe for the use of fluid and gas transfer, ventilation and telecommunication purposes. Zezt will be integrated within Vinidex, the Australian manufacturer and supplier of thermoplastic pipe that was acquired by Aliaxis in 2014. The acquisition of the pipe business of Zezt is a further step in the development of Vinidex’ capability to provide its Australian customers with the widest coverage of products and services throughout the whole country. With the support of the Aliaxis teams, Zezt will continue to provide excellent quality products and services for its Tasmanian customers. Zezt was founded in 1997 as a provider of different kinds of services to the Tasmanian mining industry. Almost ten years later, the company expanded into the manufacture of polyethylene pipe, used for transferring gas, water, aquaculture and agriculture, civil and mining industries. Their range of PE products today ranges from 13 mm up to 1200 mm diameter. The company has its head office in Wynyard (Tasmania, Australia) and employs around 90 people. More about Aliaxis Aliaxis is a global leader in the manufacturing and distribution of plastic fluid handling systems, generating an annual revenue of € 2.7 billion (in 2014). Present in over 45 countries with more than 100 manufacturing and commercial entities, the group totals 16,200 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, Nicoll and Vinidex 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, know-how and international reach of the group, Aliaxis continues to develop and improve its positions in key construction applications throughout the world. More info on www.aliaxis.com. More about Vinidex: Vinidex is Australia’s foremost environmentally conscious manufacturer and supplier of quality PVC pipe, PE pipe and PP pipe systems and solutions for the transportation of fluid, data and energy. Established since 1960, Vinidex offers unrivaled industry knowledge and experience to a broad range of applications including plumbing, water supply, waste management, stormwater and drainage, mining, industrial, rural, irrigation, electrical, telecommunications and gas. The company employs 600 people in 17 different locations located throughout Australia. More info on www.vinidex.com.au
Contact Lars Vervoort Group Corporate Communications Manager +32 2 775 57 33 – lvervoort@aliaxis.com Aliaxis S.A. – Avenue de Tervueren 270 – 1150 Brussels – Belgium