# Polypipe acquires ADEY for £210 million

Polypipe, a European manufacturer of piping systems, acquired ADEY, a water treatment and magnetic filtration company, for £210 million. ADEY will continue to be led by its existing management team.

- Type: Acquisition
- Announced: 2021-02-11
- Where: Gloucester, United Kingdom
- Value: $292.0M (210.0M GBP)
- Status: completed
- Products: water treatment and magnetic filtration systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

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

## Sources

- [thebusinessmagazine.co.uk](https://thebusinessmagazine.co.uk/companies/adey-innovation-sold-to-polypipe-for-210-million/), 2021-02-11: "We are excited to be joining Polypipe and by the growth opportunities ahead."

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