Genuit Group, formerly Polypipe, is a manufacturer of plastic piping systems, for use in the residential, commercial, civils and infrastructure sectors. The piping systems are used for a variety of applications including drainage, plumbing, water supply, water management, cable management, heating and ventilation. The company is listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
and is a constituent of the
FTSE 250 Index
The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...
.
History
The company was established as Polypipe by Kevin McDonald (a former plumber) and Geoff Harrison in 1980.
In October 1995 the company bought Sud Ouest Plastiques (of France) for £2.1m, in January 1997 it bought TDI for £3.1m and in November 1997 it bought Gabo Systemtechnik for £6m. Then in July 1998 the company bought Domus Ducting (renamed Polypipe Ventilation) for £4.7m and in January 1999 it bought Pagette Sanitar Produktions (of Germany) for £9m.
In March 1999 the company was bought by
IMI
IMI may refer to:
Companies and organizations
* IMI plc, a British engineering company
* IMI Systems, an Israeli weapons manufacturer
* Indian Music Industry, a trust that represents the recording industry distributors in India
* Indonesian Motor ...
for £337m; Kevin MacDonald made £56m from this deal and Geoffrey Harrison made £12.5m.
[ IMI sold Polypipe to ]Castle Harlan
Castle Harlan is a private equity firm based in New York City. The company focuses on buyouts and growth capital investments in middle-market companies across a range of industries. Founded in 1987, Castle Harlan invests in controlling interests ...
(of the United States), a private equity company, for £293m in September 2005. In May 2007 it bought Terrain, a PVC piping business in Aylesford in Kent. Then in August 2007, a management buyout took control of the company from the private equity company, in a deal funded by Bank of Scotland Integrated Finance.[ In February 2010 the company bought Silavent, a ventilation manufacturer.
In April 2014, Polypipe was the subject of an ]initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
on the London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
. Then in November 2014, Polypipe acquired the Ferrob Ventilation business. In February 2015, Polypipe acquired Surestop, a business producing an alternative product to the brass stopcock, and in August 2015 Polypipe acquired Nuaire, a ventilation systems manufacturer.
It was announced in May 2017 that Martin Payne will succeed David Hall as the CEO following his retirement.
The company changed its name from Polypipe to Genuit Group in March 2021.
Operations
The head office is in Edlington
Edlington is a town and civil parish in the City of Doncaster, South Yorkshire, England, lying to the south west of Doncaster and Warmsworth. It has a population of 8,276. The original parish town of Edlington is now known as ''Old Edlington ...
, Doncaster
Doncaster (, ) is a city in South Yorkshire, England. Named after the River Don, it is the administrative centre of the larger City of Doncaster. It is the second largest settlement in South Yorkshire after Sheffield. Doncaster is situated in ...
, UK. Its businesses are located as follows:
* Polypipe Building Products - based in Doncaster
Doncaster (, ) is a city in South Yorkshire, England. Named after the River Don, it is the administrative centre of the larger City of Doncaster. It is the second largest settlement in South Yorkshire after Sheffield. Doncaster is situated in ...
and Glasgow
Glasgow ( ; sco, Glesca or ; gd, Glaschu ) is the most populous city in Scotland and the fourth-most populous city in the United Kingdom, as well as being the 27th largest city by population in Europe. In 2020, it had an estimated popul ...
* Polypipe Civils and Green Urbanisation - based in Loughborough
Loughborough ( ) is a market town in the Charnwood borough of Leicestershire, England, the seat of Charnwood Borough Council and Loughborough University. At the 2011 census the town's built-up area had a population of 59,932 , the second larg ...
and Horncastle
Horncastle is a town and civil parish in the East Lindsey district in Lincolnshire, east of Lincoln. Its population was 6,815 at the 2011 census and estimated at 7,123 in 2019. A section of the ancient Roman walls remains.
History Romans
Alt ...
* Polypipe Building Services - based in Aylesford
Aylesford is a village and civil parish on the River Medway in Kent, England, northwest of Maidstone.
Originally a small riverside settlement, the old village comprises around 60 houses, many of which were formerly shops. Two pubs, a village s ...
, Kent
Kent is a county in South East England and one of the home counties. It borders Greater London to the north-west, Surrey to the west and East Sussex to the south-west, and Essex to the north across the estuary of the River Thames; it faces ...
* Polypipe Ventilation - based in Caerphilly
Caerphilly (, ; cy, Caerffili, ) is a town and community in Wales. It is situated at the southern end of the Rhymney Valley.
It is north of Cardiff and northwest of Newport. It is the largest town in Caerphilly County Borough, and lies wit ...
* Robimatic - based in Kirk Sandall
Kirk Sandall is an outer suburb of Doncaster, located around north-east of the city centre in the English county of South Yorkshire.
It is served by Kirk Sandall railway station.
See also
* Listed buildings in Barnby Dun with Kirk Sandall ...
* Polypipe Italy – based in Monleone di Cicagna, Genova
Genoa ( ; it, Genova ; lij, Zêna ). is the capital of the Italian region of Liguria and the sixth-largest city in Italy. In 2015, 594,733 people lived within the city's administrative limits. As of the 2011 Italian census, the Province of Ge ...
, Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...
* Alderburgh – based in Rochdale
Rochdale ( ) is a large town in Greater Manchester, England, at the foothills of the South Pennines in the dale on the River Roch, northwest of Oldham and northeast of Manchester. It is the administrative centre of the Metropolitan Borough ...
* Polypipe Middle East - based in Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...
, United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...
, with offices also in Doha
Doha ( ar, الدوحة, ad-Dawḥa or ''ad-Dōḥa'') is the capital city and main financial hub of Qatar. Located on the Persian Gulf coast in the east of the country, north of Al Wakrah and south of Al Khor, it is home to most of the coun ...
, Qatar
Qatar (, ; ar, قطر, Qaṭar ; local vernacular pronunciation: ), officially the State of Qatar,) is a country in Western Asia. It occupies the Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it sh ...
* Surestop - based in Birmingham
Birmingham ( ) is a city and metropolitan borough in the metropolitan county of West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1.145 million in the city proper, 2.92 million in the West ...
* Manthorpe Building Products - based in Ripley, Derbyshire
Ripley is a town in the Amber Valley borough of Derbyshire, England.
History
Little information remains as to when Ripley was founded, but it appears in the 1086 Domesday Book, when it was held by a man called Levenot.
In 1251 Henry III grante ...
See also
* Water Regulations Advisory Scheme
The Water Regulations Advisory Scheme (WRAS) was a company that provided a range of services around UK drinking water safety. Since 2021 the company and its services were split into two entities; WaterRegsUK and Water Regulations Approval Scheme ...
* British Board of Agrément
The British Board of Agrément (BBA) is a UK body issuing certificates for construction products and systems and providing inspection services in support of their designers and installers.
Agrément certificate
This is an authoritative documen ...
References
External links
Official site
{{Authority control
Plastics companies of the United Kingdom
Plumbing materials companies
Manufacturing companies of the United Kingdom
Companies based in Doncaster
Manufacturing companies established in 1980
Companies listed on the London Stock Exchange
Pipe manufacture