# Polypipe Group acquires ADEY for £210m

LDC exited its investment in ADEY to Polypipe Group plc in a £210m transaction. ADEY is a UK market leader in solutions for water-based heating systems.

- Type: Acquisition
- Announced: 2020-04-03
- Where: United Kingdom
- Value: $290.0M (210.0M GBP)
- Status: completed
- Products: heating system protection solutions, water testing kits
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [LDC](https://endata.com/companies/2016.md) (investor)
- [Polypipe](https://endata.com/companies/19547.md) (acquirer)
- [ADEY](https://endata.com/companies/46328.md) (target)

## Sources

- [ldc.co.uk](https://www.ldc.co.uk/portfolio/adey-supporting-award-winning-growth/), 2020-04-03: "With LDC’s support, we have scaled significantly both at home and overseas in the last four and a half years, enabling us to provide our customers around the world with the best possible preventative solutions in the heating systems market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.