AVK Acquires majority shares of Fusion Group
AVK UK will supply gas and water markets around the world. 20-09-2017
AVK Holding A/S, has acquired the majority share of Fusion Group Ltd in a move that creates one of the UK’s largest gas and water sector products suppliers.
Fusion Group Ltd based in Chesterfield, England, was founded in 1971 by Chairman Eric Bridgstock, a pioneer in the adoption of polyethylene pipe for gas networks. It specializes in a broad range of polyethylene electrofusion fittings and related products also for the global gas and water sectors.
AVK and Fusion Group Ltd are a perfect match, serving the same gas and water markets with complementary products which are often used in the same installation. This will benefit our customers worldwide, with enhanced service offers, broader product offer, a wider customer base, product development and a strengthened manufacturing platform.