Aliaxis SA, a leading provider of innovative fluid management solutions, has announced the acquisition of the manufacturing assets of Johnson Controls’ CPVC pipe and fittings business. This acquisition marks a significant step forward in Aliaxis’ commitment to expanding its presence in North America, specifically in the Southern United States.
The acquired business, based in Huntsville, Alabama, specializes in the production of CPVC pipes and fittings used in residential and light commercial sprinkler systems. This acquisition will bolster Aliaxis’ product portfolio, providing a more comprehensive range of fire suppression solutions for its customers. The acquired business will become part of IPEX, Aliaxis’ prominent brand in the region.
The acquisition signifies a strategic move for Aliaxis, allowing them to offer more complete customer solutions across the United States. The company highlights the significant potential this acquisition brings to further strengthen its position in the market.
Thierry Vanlancker, Managing Director of Aliaxis, expressed his enthusiasm for the acquisition, stating that it aligns perfectly with the company’s growth strategy. Alex Mestres, Aliaxis’ Divisional CEO Americas, echoed this sentiment, highlighting the opportunity to expand their offerings and solidify their partnership with national customers.
The acquisition is subject to customary closing conditions and is expected to be finalized in the coming weeks. While financial details of the transaction were not disclosed, the acquired business generated an annual revenue of approximately $100 million and employed over 100 people.
Aliaxis is a global leader in providing sustainable and innovative solutions for water challenges and the clean energy transition. With over 15,000 employees, the company serves customers in the building, infrastructure, industrial, and agriculture sectors across 40 countries. Aliaxis generated €4.1 billion in revenue in 2023.
