Letter of intent: Aliaxis plans to take over DALPEX Group/Italy
According to reports, the Aliaxis Group (which includes Friatec, Sanit, Abu, Ipex/Canada, akatherm, Wefa Plastic etc.) has signed a “letter of intent” to take over of the Italian DALPEX Group (which produces inter alia 20 million m of PEX/aluminium multilayer pipes per annum). We believe the acquisition will go ahead. Once the North American pipe manufacturer IPEX was forced to withdraw completely from the sale of multilayer pipes in the plumbing sector a few months ago, owing to intolerable legal disputes particularly in the USA (multilayer pipes are still being supplied to the heating sector), and restrict its plumbing system business to PEX pipe systems, the Aliaxis Group now had the possibility to acquire DALPEX on amicable terms, and presumably also succeed. In any event, DALPEX/Italy with its highly efficient and high quality PEX/aluminium multilayer pipe production offers an excellent addition to the PPSU push-fit fitting system supplied by Aliaxis subsidiary friatec in Germany.
Contact: www.aliaxis.com, www.dalpexgroup.com.