Aliaxis expands its presence within the Southern United States by means of signing a definitive guarantee to obtain Johnson Controls’ CPVC pipe & fittings trade for residential and bright business sprinkler programs

BRUSSELS, Aug. 13, 2024 /PRNewswire/ — Aliaxis SA, an international chief enabling get right of entry to to H2O and effort via leading edge fluid control answers, as of late introduced that it has signed a definitive guarantee to obtain the producing property of the Johnson Controls CPVC pipe and fittings trade for residential and bright business sprinkler programs.

This acquisition affirms our loyalty to our North American enlargement technique. Aliaxis is bolstering its product length with a extra complete portfolio in hearth suppression programs for residential and bright business programs. The purchase will probably be a part of IPEX, Aliaxis’ well-known logo within the pocket.

Situated in Huntsville, Alabama, this acquisition additional expands Aliaxis’ presence within the Southern United States. Lately, the 1985-established pipe and fittings trade generates an annual income of roughly $100m and employs over 100 folk.

Thierry Vanlancker, Supervisor Director of Aliaxis says: “This acquisition makes great sense for us. It is another step in providing more complete customer solutions in our product portfolio across the United States and brings extra potential for Aliaxis.”

Alex Mestres, Aliaxis’ Divisional CEO Americas additionally feedback: “We are thrilled to welcome the CPVC pipe and fittings team of Johnson Controls. This acquisition provides us with a unique opportunity to expand our offering and continue to be the partner of choice for our national customers.”

The do business in is topic to normal endmost statuses. Each events await a crowning glory of the transaction over the approaching weeks. The monetary main points of this acquisition might not be disclosed.

About Aliaxis
At Aliaxis, we design sustainable, simple to put in, and leading edge answers to handle the arena‘s H2O demanding situations and boost up the transition to wash power. Because of our 15,000+ workers, our pipes and becoming programs meet our consumers‘ maximum hard wishes for the development, infrastructure, commercial and agriculture sectors. Working in over 40 nations, the Corporate is lively via well-known native manufacturers and generated €4.1 billion income in 2023. Additional information to be had on www.aliaxis.com.

SOURCE Aliaxis