Know what you want? Try our 'Supplier Directory' 

Polypipe acquires ADEY Innovation 

Provider of magnetic filters, chemicals and related products, ADEY, has been acquired by Polypipe. 

This move will see ADEY further support the industry through innovation and sees two UK brands working together towards the same purpose of water management and creating a sustainable environment. 

Matthew Webber, ADEY chief executive, said: “We are excited to be joining Polypipe and by the growth opportunities ahead. The companies share a similar culture and philosophy, focused on delivering sustainable water and climate management solutions. The combined business will allow us better to serve our customers, which will continue to be the foundation for our future success.” 

ADEY will continue to be led by the existing management team. 

As one of Europe’s largest manufacturers of piping systems, water and climate management systems, Polypipe complements ADEY’s existing market position and capabilities in the UK, with largely common end-users (housing developers and plumbing and heating installers) and routes to market (merchants and specialist distributors). 

Commenting on the acquisition, Martin Payne, Polypipe chief executive, said: 'We are delighted to announce the acquisition of ADEY. Polypipe’s strategy is to grow both organically and through carefully selected value-enhancing acquisitions, with a particular focus on sustainability and sectors within climate and water management. ADEY is a pioneer and market leader in the residential heating protection market, one of the fastest growing segments of the UK construction market, underpinned by a shift towards more energy-efficient heating systems and regulatory tailwinds. Like Polypipe, it has a strong track record of innovation and new product development, with the acquisition strengthening the proposition for our customers and accelerating Polypipe’s growth. We welcome ADEY’s management and employees and look forward to working with them over the coming years.' 

 

11 February 2021

Comments

Already Registered?
Login
Not Yet Registered?
Register

Heating installers preparing to seize Net Zero opportunity

Plumbing and heating installers see the drive to reduce emissions as an opportunity, and are optimistic about the short and long-term future of their businesses, according to new research released today....

  26-Oct-2021

CIAT heat pumps power river source renewable energy project for fruit grower

High efficiency CIAT heat pumps have been chosen to power a major 8.8MW river-source renewable energy project in the South of England to help produce more fruit. CIAT is part of Carrier Global Corporation, the global provider of healthy, safe, ...

  26-Oct-2021

If you need to open a Solenoid Valve manually, you need a SVOM!

If you need to open a Solenoid Valve manually, you need a SVOM!
  22-Oct-2021
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

BESA National Conference – Virtual event