Aliaxis completes stock purchase of Silver-Line Plastics and expands presence in North America
“We are very excited to officially welcome the Silver-Line employees to our family”, says Aliaxis CEO Laurent Lenoir. “The acquisition of Silver-Line Plastics will allow us to further strengthen our position in North America, in line with our strategy to invest in markets where we have a leadership position. Combining the forces of our North American IPEX team and Silver-Line will allow us to reinforce our value proposition.”
About Silver-Line Plastics
With approximately 350 employees, Silver-Line manufactures high quality plastic pipe, with a comprehensive product offering, featuring PVC, CPVC, PE and PEX. The annual revenue is approximately 150 million USD, and Silver-Line has production facilities in Asheville (North Carolina), Lawton (Oklahoma) and Fort Pierce (Florida). Silver-Line is known as an industry leader, focusing on innovation, prompt delivery, and personalised service.
Aliaxis is a global leader in advanced plastic piping systems for building, infrastructure, industrial and agriculture applications. The company provides communities around the world with sustainable innovative solutions for water and energy, leading the industry in a way that anticipates the rapidly evolving needs of its customers and of society. With a global workforce of about 16,000 employees, Aliaxis offers specific solutions that meet our customers’ most demanding needs across the globe. Aliaxis is active through leading local brands and operating in over 45 countries, combining local solutions with global innovation and operational excellence. The company is privately owned, with its global headquarters in Brussels, Belgium.
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