Corix Acquires Northern Pipe Supply Ltd.
National utility products company invests in the Sault Ste. Marie market
Sault Ste. Marine, ON - Monday, July 23, 2012
Today, Corix Water Products announced the acquisition of Northern Pipe Supply Ltd., a distributor of products to the water and wastewater industries in northwestern Ontario. Northern Pipe Supply is located in Sault Ste. Marie, Ontario.
“We are pleased to announce the acquisition of Northern Pipe,” said Steve Little, Vice President and Chief Operating Officer of Corix Water Products. “Corix prides itself in local representation and we have 32 Corix Water Products branches in communities across Canada, with 11 branches located in Ontario. Northern Pipe will be a great addition to our existing Ontario locations and we look forward to expanding our presence in the Sault Ste. Marie market which we believe has tremendous growth potential.”
Little continues, “We value the expertise and local knowledge the Northern Pipe staff has to offer and we are pleased to provide them with the support, knowledge and funding that comes with being a part of a nationally recognized water products distributor.”
Corix currently has product distribution branches in the following Ontario communities: Ajax, Barrie, Belleville, Hornby, Kitchener, London, Ottawa, Stoney Creek, Sudbury, Thorold, Windsor.
The Corix Group of Companies specializes in products and utility solutions for sustainable infrastructure in the water, wastewater and energy sectors and provides field metering services for clients throughout Canada and the United States. Corix has over 2,000 employees in 60 locations across North America, with corporate head offices in Vancouver, British Columbia and Wauwatosa, Wisconsin. Corix is a private company whose primary owners are BC Investment Management Corporation and CAI Capital Management Inc. Please visit www.corix.com for more information.