Pipelife Announces a Plan to Acquire Alphacan's Pipe Business in France
By Pipelife International, PRNESunday, April 3, 2011
Alphacan France is a Specialist for the Development, Production and Marketing of PVC Profile and Pipe Systems for the Building and Infrastructure Market
WIENER NEUDORF, Austria, April 4, 2011 - Alphacan's French building and infrastructure pipe activity represents
annual sales of around 45 mEUR and involves the design, production and
marketing of PVC pipes used for sanitation and drinking water underground
networks as well as for soil and waste systems in buildings. The pipe
business has its manufacturing base in Gaillon (France - Eure) and employs
around 100 persons.
The CEO of the Pipelife Group, Niels Rune Solgaard-Nielsen, explained: <<
This step marks an important milestone for the strategic development of the
Group, aiming a number 1 or 2 position in the markets we are in. The Alphacan
acquisition will make Pipelife the leader for plastic pipe systems in France,
one of the largest markets in Europe, and bring the company an important step
closer to reaching this goal >>.
Javier Miranda, COO Pipelife Region West & Nordic, stated: << This
transaction will improve the technical know-how in our Group and create
opportunities to realize synergies in product development and customer
service >>.
Christian Gagné, Managing Director of Pipelife France, added: << Alphacan
has a solid customer base, whose products are perfectly complementing our own
product range. By combining the production know-how and market position the
synergies are significant and Pipelife can further develop its plastic pipe
product and system offerings to the benefit of all customers >>.
The operation is subject to the legal information and consultation
process involving personnel representative bodies of Alphacan and Pipelife.
The Pipelife Group is a 50/50 JV between Wienerberger and Solvay. It is
one of Europe's leading Plastic Pipes and Fittings groups active in 27
countries and operates 26 factories with 2,350 employees achieving pro-forma
sales of 716 mEUR in 2010.
Alphacan, a subsidiary of the Arkema Group and one of the leaders in the
plastics converting market, employs 950 people at its 8 production sites in a
number of European countries, namely France, Germany, Italy, The Netherlands
and Croatia. Alphacan's know-how and industrial expertise may be found in all
manufactured products from its two sectors of activity, i.e. PVC Profiles and
Pipes.
For additional information contact: Christian Gagné, Managing Director, Pipelife France Tel.: +3-2-3252-57-74 Niels Rune Solgaard-Nielsen, CEO, Pipelife International Tel.: +43-2236-43939-0 | info@pipelife.com
For additional information contact: Christian Gagné, Managing Director, Pipelife France, Tel.: +3-2-3252-57-74; Niels Rune Solgaard-Nielsen, CEO, Pipelife International, Tel.: +43-2236-43939-0 | info at pipelife.com
Tags: April 4, Austria, France, Pipelife International, Wiener Neudorf