Cookie-Settings

Here you can see and modify the cookie settings of various tools used on www.advantageaustria.org and related subdomains.


Save settings
Advantage Austria Show navigation

U.S. Watts Water Technologies acquires Austroflex

Austroflex
July 6, 2010

Watts Water Technologies, Inc. based in Massachussetts completed the acquisition of Austroflex Rohr-Isoliersysteme GmbH located in Carinthia, Austria in June 2010. Austroflex is an Austria-based manufacturer of pre-insulated flexible pipe systems for district heating, solar applications and underfloor radiant heating systems. Patrick O'Keefe, Chief Executive Officer, commented, "The acquisition of Austroflex provides us with a full range of pre-insulated PEX tubing, pre-insulated solar tubes and underfloor heating insulation. These products strengthen our offering in both traditional and alternative energy heating markets. Austroflex also expands our distribution capability and positions Watts as a major supplier of pre-insulated pipe systems in Europe." Austroflex's annual revenue for 2009 was approximately 23 million USD. Watts Water Technologies, Inc. is a world leader in the manufacture of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Its expertise in a wide variety of water technologies positions it as a comprehensive supplier to the water industry.

print
©©ADVANTAGE AUSTRIA