Comap, a leading European player in fittings and regulation devices for domestic fluids for the building trade, announced the acquisition project of the Sanitary and Heating division of the company Alphacan, a subsidiary of the French group Arkema. Comap, a member of the Dutch group Aalberts Industries, is in discussion to acquire the Sanitary and Heating division of Alphacan, a subsidiary of the French group Arkema. This activity should be integrated to Comap Plastic Industries.

The Sanitary and Heating Division of Alphacan fits perfectly within Comap’s strategy which is to offer its French customers with system solutions in the fields of centralised heating distribution and underfloor heating, and to develop its specification activity. In addition, this acquisition provides Comap with the opportunity to develop its industrial know-how by integrating the design and manufacture cross-linked polyethylene pipes (PEX). The acquisition should be consolidated in the first quarter of 2009 after consultation with the employees’ representatives of the related companies, reveals the company’s press release.