Waterworks Europe, the European market leader of water supply valves and fittings has been sold by its parent company, Tyco International to private equity firm Triton.
Under the new TALIS brand, the new group is positioning itself as a versatile valve engineering company in the water sector. The new company includes famous brands such as Erhard, Frischhut, Strate, Schmieding, Unijoint, Wafrega, Bayard, Belgicast and Atlantic Plastics.
CEO of the new company Jan van Ooijen was also responsible for the sector under the previous owner Tyco.
With production facilities in Germany, England, Spain, France, Poland and the Netherlands, TALIS has 1,500 employees worldwide.
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