Preflex Group, with manufacturing sites in Belgium and France, is a European leader in the growing segment of prewired electro conduits. The takeover strengthens Pipelife's position as a European leader in electro conduits.
The group manufactures prewired flexible conduits for electrical installations wired with low-voltage cables as well as data cables, signaling cables, control cables, fire alarm cables, etc. It is one of the leading European manufactures in this segment with a strong brand and broad product portfolio ranging from standard solutions to specific and customized products.
This step marks an important milestone for the strategic development of the Pipelife Group in the growing segment of prewired electro conduits, strengthening Pipelife's electro business and we look forward to further develop this business further, together with dedicated and focused managers and employees from the Preflex Group
Preflex has 50 employees and operates two production sites located in Ninove, Belgium and Ledignan, France. With three logistic hubs in the region, Preflex serves more than ten European markets. With its ambition to deliver best quality products, drive innovation and strongly focus on the client, Preflex perfectly fits into our company culture and will add necessary capacity and know-how in order to further develop our electro business.
Within the segment of electrical installations, there is a clear trend – especially in markets with high labor costs – towards prewired conduits for quicker, easier and safer installation. This acquisition will allow us to strengthen our electro business in our existing prewired electro markets, such as Norway, Sweden, Finland, the Netherlands and Austria, expand our prewired business to France, Belgium and other markets as well as benefit from increased capacity, production efficiencies and economies of scale.
We are very happy about this unique opportunity to strengthen our pipes business in the fast-growing segment of prewired conduits for electrical installations and view this as a major step going forward.
The Pipelife Group is one of Europe's leading Plastic Pipes and Fittings companies active in 26 countries and operating 26 factories with 2,714 employees and a turnover close to 900 mEUR.
The Pipelife Group is part of the Austrian public listed company Wienerberger AG. Wienerberger AG is a leading building material producer operating in more than 30 countries.
For additional information contact:
Harald Schwarzmayr, COO, Europe North & West, Pipelife International
Tel.: +44 7768 175756
Mark van Loon, General Manager Pipelife Netherlands & Belgium
Tel.: +31 228 355511
Niels Rune Solgaard-Nielsen, CEO, Pipelife International
Tel.: +43 1 602 2030 0 | email@example.com