In May 2019, Aliaxis SA (“Aliaxis”), a global leader in the manufacturing and distribution of advanced plastic piping systems, announced the sale of its Friatec Ceramics Business ("Ceramics Business"), consisting of FRIALIT-DEGUSSIT high-performance ceramics and FRIDURIT laboratory technology, to KYOCERA Fineceramics GmbH ("KYOCERA").
 
The Ceramics Business, headquartered in Mannheim, Germany, is a leading manufacturer of precision ceramic parts and components. With an extraordinarily innovative strength based on a heritage of more than 150 years, the Ceramics Business supplies its customized products to a broad range of customers and application areas, including electrical engineering, mechanical engineering and high temperature technology. In 2018, the Ceramics Business generated revenues of approximately EUR 45 million.

Duff & Phelps served as exclusive M&A sell-side advisor to Aliaxis in connection with the transaction.

Christoph Ulrich, Managing Director at Duff & Phelps, said: "We are delighted to have advised Aliaxis on this important and complex carve-out transaction and to achieve such a successful outcome. This further reinforces our strength as an M&A advisor to corporate clients on the divestment of non-core businesses and highlights our capabilities to execute cross-border transactions."

About Aliaxis
Aliaxis is a global leader in advanced plastic piping systems for building, infrastructure, industrial and agriculture applications. The company provides communities around the world with sustainable innovative solutions for water and energy. With a global workforce of about 16,100 employees, Aliaxis offers specific solutions that meet customers’ most demanding needs across the globe. Aliaxis is active through leading local brands and operates in over 45 countries. The company is privately owned, with its global headquarters in Brussels, Belgium.

About KYOCERA
Kyocera Corporation, the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (“advanced ceramics”). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of semiconductor packages, industrial and automotive components, electronic devices, solar power generating systems, printers, copiers and mobile phones. During the year ended March 31, 2019, the company’s consolidated net sales totaled 1.62 trillion yen (approx. USD14.6 billion).