Aliaxis completes divestment of its Ceramics business
Aliaxis SA, a global leader in the manufacturing and distribution of advanced plastic piping systems, has announced today that it has completed the divestment of its Ceramics Business, consisting of FRIALIT-DEGUSSIT high-performance ceramics and FRIDURIT laboratory technology, to KYOCERA Fineceramics GmbH. This way both businesses are now fully part of KYOCERA, a global leading ceramics and technology corporation.
This divestment is in line with the Aliaxis strategy to enable growth in all its businesses by aligning with the right customers, capabilities and markets. The financial details of this transaction will not be disclosed.
“As a part of Kyocera, the Ceramics team will be able to further develop their activities and truly realize their growth ambition. We wish the entire Ceramics team and Kyocera great success while they pursue their new exciting future”, said Aliaxis CEO Laurent Lenoir.
Download the Press Release here.
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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