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Rocla acquires Plastream® plastic pipe and detention tanks business

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Rocla Pty Limited today announced that it has acquired the pipe and stormwater detention business of Caliber Australia Pty Ltd. The products are marketed under the Plastream® brand.

The acquisition includes assets, employees, rights to patents and intellectual properties in Australia & New Zealand and gives Rocla exclusive rights to market and sell Plastream® plastic pipes and tanks in this region.

Commenting on the acquisition, Rocla Pipeline Products General Manager, Stephen Baker said "we have made this acquisition in line with our strategy of further broadening our range of products and solution offerings in the stormwater market. We intend to harness the strengths of our combined business to offer customers the best value in stormwater solutions."

Plastream® is an innovative technology that involves winding steel reinforced high density polyethylene strips into stormwater drainage pipes and detention systems. It offers the unique benefit of lower material costs for the same structural performance. Plastream® pipes are suitable for non-pressure drainage pipe applications.

For more information, please contact us on solutions@rocla.com.au.

 

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