Wavin Explained

Wavin
Foundation:1955
Key People:Sameer Bharadwaj(CEO)
Industry:Manufacturing
Revenue:€1.327 billion (2011)
Operating Income:€35.5 million (2011)
Net Income:€18.0 million (2011)
Num Employees:6,200 (end 2011)
Parent:Orbia

Wavin B.V. is a global manufacturer of plastic pipes, mainly for drainage and water supply purposes. The company was officially founded in the Netherlands on 5 August 1955, its name deriving from water and vinyl chloride. The company provides plastic pipe systems and products for tap water, surface heating and cooling, soil and waste, rain water, distribution of drinking water and gas and telecom applications.

The company is headquartered in Schiphol, Netherlands and operates in 25 European countries.

Due to the common use of Wavin products, the name has become genericised in some parts of Ireland to refer to any manufacturer of orange-coloured drainpipes. The company operates in three locations in Ireland, with the main manufacturing and distribution plant in Balbriggan, North County Dublin, and additional offices in Lisburn and Cork .[1]

Wavin's own Technology and Innovation Centre (Wavin T&I), employs more than 50 people to develop new products and systems with local Wavin companies. Products for the European market include the smartFIX push-fit fitting, the Sentio heating and cooling controls, Tegra manholes and inspection chambers and the SiTech+ low noise in-house soil and waste drainage system.In 2012, Wavin was acquired by Orbia (previously Mexichem), a Mexican international company, expanding Mexichem's operations in 22 European countries. [2]

Notes and References

  1. http://ie.wavin.com/master/master.jsp?FOLDER%3C%3Efolder_id=2534374305437721&middleTemplateName=oc_middle_about_sub Wavin Ireland company profile
  2. Web site: Mexico's Mexichem buys PVC pipe producer Wavin for €531m . icis . 2 August 2012.