SDS is the market-leading water infrastructure systems provider and this move affirms the company’s strategic vision to advance the development of innovative products and services that sustainably manage water.
The acquisition includes the exclusive rights to manufacture Weholite large diameter plastic pipes in the UK and Ireland. Weholite structured wall products are widely acknowledged throughout the industry as the most technically advanced, used by all UK water companies as part of their drainage and sewerage infrastructure.
SDS takes over the operation of Asset International’s Newport-based manufacturing facility. The plant, which has been operating for more than 20 years, has the capacity to produce 10,000 tonnes of Weholite products each year, including the manufacture of its BBA HAPAS approved industry-leading HDPE (High Density Polyethylene) large diameter (gravity and low pressure structured wall) pipe.
The new business will trade under the names of ‘Weholite Limited’ and ‘Weholite International Limited’. SDS will provide continuity of service to all Weholite customers and takes on immediate responsibility for ensuring the delivery of current and planned projects.
The Burges Salmon team was led by Corporate partner with assistance from a multi-disciplinary team including Vicki Milner, Chris Brown, Pip Galland, Tom Carpenter and Sam Moore.
Chris says: “We are delighted to have advised SDS on this water sector transaction. The acquisition will greatly expand the service that SDS is able to provide, and we are proud to have helped facilitate this.”
BDO UK LLP, led by partner Laura Shaw, acted as the financial adviser to SDS Holdings on the deal.