Aliaxis SA, IPEX’s parent company in North America, has signed an agreement to acquire the manufacturing division of US-based Valencia Pipe Company for US$250 million.
The acquisition expands the company’s reach in the western United States with the addition of two manufacturing facilities in Walla Walla, Washington and Kingman, Arizona, and a distribution center in Kingman, Arizona.
Valencia is used in a variety of applications including water, gas, drain, sewage, venting and pressure.
Valencia’s pipe and fittings manufacturing department mainly produces ABS, PVC and MDPE pipes for the residential market.
“We are delighted to welcome the Valencia team to the IPEX team and extend a warm welcome to them,” said Alex Mestres, Divisional CEO Americas, in a company press release.