TPi January 2020
Business & market news
SDS completes strategic acquisition of Asset International Weholite business
to protecting the environment, but also to human well-being and commercial prosperity.” SDS will provide continuity of service to all Weholite customers and take on immediate responsibility for ensuring the delivery of current and planned projects. The new business will trade under the names Weholite Limited and Weholite International Limited. Weholite www.weholite.co.uk SDS Limited www.sdslimited.com
“Our acquisition of Asset International’s Weholite business marks a major milestone in our strategic vision to expand the development of innovative, efficient and cost-effective products and services that tackle the challenges of managing water from source to sea and deliver vital water security. “Water is both a vital resource for life and a danger to our livelihoods. Whether we have too much or too little, the critical infrastructure required to ensure its supply, whilst also protecting us from flooding, is under increasing stress. “The way we manage water in future, therefore, will be fundamental not only
Water infrastructure systems provider SDS has announced the acquisition of Asset International Ltd, which includes the exclusive rights to manufacture Weholite large diameter plastic pipes in the UK and Ireland. SDS will take over the operation of Asset International’s Newport, UK-based manufacturing facility, which has been operating for 20 years and has the capacity to produce 10,000 tonnes of Weholite products each year. Themove affirms the company’s strategic vision to advance the development of innovative products and services that sustainably manage water, said Patrick Cullen, managing director of SDS.
Employees from around the world get involved in Norma help day
The Norma staff were happy to lend a helping hand on a number of projects
renovated a city playground and planted trees; employees in Qingdao, China, and Tokyo, Japan, removed rubbish from roads and by the sea; at the Norma Group site in Malaysia, the participants assisted in a soup kitchen for needy people; and in Ipoh, Malaysia, and Juarez, Mexico, they helped an orphanage. Norma www.normagroup.com
our corporate responsibility activities. Many of our employees are taking advantage of the opportunity to make a positive contribution in the communities surrounding our sites,” said Dr Michael Schneider, member of Norma Group’s management board. “On our annual Norma help day, we put our corporate responsibility into practice by supporting social projects and facilities.”
Norma Group, a specialist in engineered joining technology, held its annual Norma help day for the fifth time toward the end of last year. The event took place at Norma’s sites all over the world, including the company’s headquarters in Maintal, Germany, where employees supported the Albert Schweitzer Kinderdorf eV in Hanau by painting, cleaning up and doing yard work.
In Subotica, Serbia, Norma employees
“Norma help day is an integral part of
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TUBE PRODUCTS INTERNATIONAL January 2020
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