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UK, Abu Dhabi plastic pipe system joint venture

by Gerhard Hope on May 6, 2010

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Pipes and fittings from Radius Systems of the UK will be manufactured in Abu Dhabi.
Pipes and fittings from Radius Systems of the UK will be manufactured in Abu Dhabi.

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The increasing importance of high-quality systems for sewage and potable water has lead to a JV between plastic pipe system manufacturer Radius Systems of the UK and the Senaat Group of Abu Dhabi.

The agreement will bring Radius Systems’ manufacturing expertise to the UAE, and will lead to full-scale manufacturing in Abu Dhabi. It is part of a planned global expansion programme by UK-based Radius Systems, which had a management buyout in 2008 from previous parent Uponor of Finland.

Initially, Radius Systems will introduce high-performance plastic pipes and fittings systems for potable and non-potable water, gas and telecoms to this key growth area.

Radius Systems CEO Stuart Godfrey, who confirmed the agreement had been some time in the making said: “We were looking for a professional partnership to expand our international operations.”

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Looking Joint venture in industry area and export oriented product

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Senaat CEO Andre van Uffelt commented: “We are proud to have a partner like Radius Systems investing and delivering a commitment into our region. Based on the Economic Vision 2030, we aim to set up industries offering long-term, sustainable solutions for the Emirate of Abu Dhabi.

Radius Systems Ltd. is an independently-owned UK manufacturer of thermoplastic pipe systems, backed by world-leading private equity group 3i since May 2008. It produces innovative solutions for underground infrastructure pipes and fittings in the UK and worldwide.

 




Readers' Comments


uni plc (Oct 22, 2010)
A.Ababa
Ethiopia

Looking Joint venture
Looking Joint venture in industry area and export oriented product


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