TPT March 2018
I NDUS T RY
Hobas and Amiantit Europe join forces in European business venture
Company SAAC, the owner of Amiantit Europe, was reached in December 2016, with the ownership structure shared 50:50 between the partners. The headquarters of the joint venture is located in Klagenfurt, Austria. GRP pipes provide sustainable solutions across infrastructure and industrial applications such as drinking water, irrigation, wastewater, hydropower and industrial plant systems. The brands Hobas and Flowtite each offer distinct benefits as pipeline solutions, and Amiblu will ensure both continuity and growth for the two formerly competing businesses. Nick Crofts, CEO of Amiblu, and Claus Brun, the company’s international CCO and former MD of Hobas, agree that by merging they can better support the product and market investments required to transform the position of GRP pipeline solutions. This has global implications, given the positioning of Hobas and Flowtite Technology customers and licensees around the world. “Water is a precious resource, fundamental to life,” said Mr Crofts. “At Amiblu we believe we can better manage this resource without increasing investment rates. We can offer solutions to wastage, pollution, disruption and inefficiency of pipeline systems today whilst saving capital and operating costs.” Amiblu Holding GmbH – Austria Email: info@amiblu.com Website: www.amiblu.com
(ECA). The two GRP (glassfibre reinforced plastic) pipe companies have combined forces to form joint venture company Amiblu. An agreement between WIG Wietersdorfer Holding GmbH and Saudi Arabia’s Amiantit
THE merger of the European business activities of theWietersdorfer subsidiary Hobas and Amiantit Europe (including Flowtite Technology) was officially closed following the approval of the European Competition Authorities
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MARCH 2018
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