[Forterra] U.S. Pipe 인수

북미 현장 인프라 및 물관리 제품·솔루션 제공업체인 포테라 빌딩 프로덕트(Forterra Building Product)는 유에스 파이프(U.S. Pipe)를 인수했다고 발표했다. 유에스 파이프는 배·급수 및 물관리 분야의 연성철(ductile iron) 파이프 제품 공급업체로, 이번 인수 조건은 공개되지 않았다.

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Forterra Building Products Acquires U.S. Pipe

 

Forterra Building Products ("Forterra"), a leading North American provider of site infrastructure and water management products and solutions and a multinational manufacturer of concrete and clay building products, today announced that it has acquired U.S. Pipe. U.S. Pipe is North America's leading provider of ductile iron pipe products for water distribution and water management applications in North America and a leader in fittings, joint restraints and other related products. Terms of the transaction were not disclosed.

 

With 20 manufacturing and fabrication facilities throughout the United States and Mexicoand the leading brand among distributors, contractors and engineers, U.S. Pipe adds a valuable new growth platform and expanded capabilities to Forterra. U.S. Pipe's complementary portfolio of products strategically augments Forterra's existing suite of concrete and steel pressure pipe solutions. Combined, Forterra and U.S. Pipe will serve a broad customer base across the residential, commercial and infrastructure landscape with diameters of pipe ranging from 3" up to 144" and a complete solution set with which to serve customer needs from the first mile to the last mile of water transmission and distribution networks.

 

"The addition of U.S. Pipe is the next step in Forterra's strategic growth plan and builds on our successful track record of partnering with businesses that have great people and strong market positions," said Jeff Bradley, CEO of Forterra Building Products. "The combination of U.S. Pipe and Forterra enhances our position in attractive and growing end markets, creates the leading North American water transmission and infrastructure business, and brings meaningful benefits for our customers. We expect to further invest in U.S. Pipe in order to extend and enhance its strong record of profitable growth, both through additional value-creating acquisitions and capital investment. We are excited to work with U.S. Pipe's strong team to ensure a seamless transition for all constituencies."

 

"U.S. Pipe has provided dependable and economical solutions and service to its customers for over a century, and we look forward to continuing that tradition as part of the Forterra family. This strategic business combination clearly positions our combined enterprise for enhanced growth and success and provides expanded opportunities and benefits to our customers and employees," said Paul Ciolino, CEO of U.S. Pipe.

 

U.S. Pipe will operate as a wholly owned subsidiary of Forterra. U.S. Pipe will maintain its name and headquarters in Birmingham, Alabama in order to continue to build upon the strength of its brand and reputation established more than 100 years ago.

 

[출처 = Water World / 2016년 4월 15일]