StockMarketWire.com - Water and climate management solutions provider Polypipe said it had acquired Alderburgh for £14m.

Alderburgh was a designer, manufacturer and installer of plastic injection moulded stormwater attenuation tanks, structural waterproofing and geocellular membranes, gas barrier and ventilation materials.

It supplied the UK, Irish and Scandinavian markets.

Polypipe said Alderburgh was a good strategic and cultural fit, broadening its water management systems offer, and provided potential cost and revenue synergies.




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