EXPERTS IN WATER Built on Innovation and Industry Firsts 1
Wavin: Built on Innovation and Industry Firsts Wavin is a global leader in the supply of plastic pipe systems and solutions. Since the 1950s, we have built an unrivalled reputation for continuous innovation, intelligent problem-solving, dedicated technical support and the highest standards. 2
Our story began in Zwolle in the Netherlands, with company founder Johan Keller working at WMO, the regional Water Supply Company, where he was faced with serious pipe corrosion and significant losses of water during transportation. With an urgent solution required, Keller succeeded in producing the world s first large diameter plastic pressure pipes for potable water. Wavin was then founded to focus solely on plastic pipe production. We know that the world does not stand still. Since our formation in 1955, we have developed a number of first-inthe-world breakthrough innovations that have changed the way specifiers, engineers, installers and contractors work and we will continue to innovate and evolve wherever we can. 3
A Global Presence From our headquarters in the Netherlands, we now operate in over 25 countries and also have a network of agents and licensed partners in Asia, Australia, Africa, Latin America, the Middle East and North America. Wavin employs some 5,500 people and has annual revenues of around 1.2 billion. Our market leadership, local presence, commitment to innovation and technical support will ensure we deliver the highest standards to all our customers worldwide. Since 2012, Wavin is part of the Mexichem Group, leader in plastic pipe systems and in the chemical and petrochemical industry in Latin America. Wavin has been operating in the UK since 1962 and is the leading supplier of water management, plumbing, heating and drainage systems for the building, construction and utilities markets, providing an extensive product portfolio under the OSMA, Hep 2 O and Hepworth brands. Our Technology and Innovation Centre (Wavin T&I) employs more than 50 people to develop new products and systems with local Wavin companies. Innovation is a core principle across the global brand and our Group goal is to generate 20% of revenues from products that have been on the market for less than five years. 4
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A brief timeline Wavin opens production facilities in the Netherlands, Germany, Denmark and Ireland. Royal Dutch Shell takes 50% participation in Wavin. More emphasis on systems and above ground applications. 25% of sales come from products other than pipe systems. 1955 1960s 1970s Late 1950 s 1962 1980s Wavin (a combination of the words water and vinyl chloride) founded by Dutch water authority WMO. Further geographic expansion in Western Europe. Period of diversification (packaging, films, bags, crates and profiles). Group R&D organisation Wavin Technology & Innovation founded. Wavin Overseas established for central export activities. 6 J.C. Keller Wavin CEO 1955-1969
Shell sells stake in Wavin to CVC Capital Partners. WMO sells stake in Wavin to CVC Capital Partners. Implementation of the Wavin 2015 strategy that focusses on a long term strategy of finacial stability and structured growth. 1990s 2000 now 2006 2012 1999 2005 2011 Re-alignment of activities, focus on core competence: plastic pipe systems. Operations in Eastern Europe established. Number of successful acquisitions, most notably in the UK (2005) and Turkey (2008). Expansion in Water Management and Surface Heating & Cooling. Stocklisting on NYSE Euronext Amsterdam. Wavin becomes part of the Mexichem Group, leader in plastic pipe systems and in the chemical and petrochemical industry in Latin America. 7
Innovation #1 - PVC Pressure Pipe In the beginning g there was PVC pipe 8
Wavin Founder J.C. Keller pioneered the use of corrosion-resistant plastic PVC water pipes in the late 1950s leading to the worldwide acceptance of plastic as a viable product in its own right and not just a substitute for copper and lead. To overcome serious pipe corrosion and a significant loss of water caused by aggressive soil conditions in his home country of the Netherlands, Keller experimented with plastics. This decision would prove crucial not only to Wavin, but to the development of plastics and pipe technology in general. Wavin developed and evolved Keller s innovation using plastics in the manufacture of PVC pipes for potable water with diameters of 100mm and higher. By taking this process to the next level, Keller laid the foundations for Wavin. 9
EXPERTS IN WATER To find out more about our industry leading innovations, visit www.expertswithwater.com 28 Tel: 0844 856 5152 Email: info@wavin.co.uk @wavinuk