News
Wavin acquires manufacturing plant in Hyderabad
Pipes and fittings solution-provider Wavin has announced the acquisition of Dura-Line manufacturing facility in Hyderabad.
Dura-Line, said a press release, is a manufacturer of high-density polyethylene (HDPE) conduits serving the telecommunications, enterprise, and electrical markets.
Wavin, it said, will continue producing advanced water and gas pipes and fittings for below-ground use and invest in new technology assets to produce PVC and CPVC products for supply of drinking water, proficient transport of sewage and rainwater for better sanitation, and hygiene.
“The acquisition of Dura-Line’s manufacturing plant is a major step on our global expansion journey, as well as towards our objective of responding to India’s infrastructure and environmental needs. We are excited about achieving our goal of setting up a manufacturing unit in India to serve the market- a significant milestone of expanding our global footprint with our own factory in India,” said Freek Crum, President, Wavin Asia-Pacific.
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