Aliaxis, a global leader in the manufacturing and distribution of advanced plastic piping systems, has signed an agreement to sell Harrington Industrial Plastics. At closing, the entire workforce – nearly 550 colleagues across 55 branches in the USA – will join their new U.S. based parent. This transaction is a very positive move for Harrington as their new parent has outstanding credentials in distribution and ambitious plans to invest in the continued growth of Harrington.
The Harrington leadership team, with the support of Aliaxis, have transformed the company and are now growing faster than any of their competitors.
“I would like to sincerely thank the Harrington team for their drive and passion during the last two years. Based on the efforts delivered, Harrington has been able to achieve new levels of profitability and become a market leading distribution company, testimony to their successful transformation into an Industrial Process solutions provider. I wish the whole Harrington team a lot of success going forward”, says Laurent Lenoir, CEO of Aliaxis.