Genuit

UK manufacturer of plastic piping systems From Wikipedia, the free encyclopedia

Genuit Group plc, formerly Polypipe Group, 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 and is a constituent of the FTSE 250 Index.

Formerly
  • Hamsard 3054 Limited (2007–2014)
  • Polypipe Group Limited (21–28 Mar 2014)
  • Polypipe Group plc (2014–2021)[1][2]
IndustryPiping systems manufacture
Founded1980
Quick facts Formerly, Traded as ...
Genuit Group plc
Formerly
  • Hamsard 3054 Limited (2007–2014)
  • Polypipe Group Limited (21–28 Mar 2014)
  • Polypipe Group plc (2014–2021)[1][2]
IndustryPiping systems manufacture
Founded1980
Headquarters
4 Victoria Place, Holbeck, Leeds, LS11 5AE
,
England, United Kingdom
Number of locations
18 sites
Area served
  • United Kingdom
  • Mainland Europe
  • Middle East
Key people
ProductsWater and air management systems
RevenueIncrease £602.1 million (2025)[3]
Increase £94.4 million (2025)[3]
Increase £45.2 million (2025)[3]
Number of employees
3,221 (2026)[4]
Websitegenuitgroup.com
Footnotes / references
[1]
Close

History

The company was established as Polypipe by Kevin McDonald (a former plumber) and Geoff Harrison in 1980.[5] In October 1995 the company bought Sud Ouest Plastiques (of France) for £2.1m,[6] in January 1997 it bought TDI for £3.1m[7] and in November 1997 it bought Gabo Systemtechnik for £6m.[8] Then in July 1998 the company bought Domus Ducting (renamed Polypipe Ventilation) for £4.7m[9] and in January 1999 it bought Pagette Sanitar Produktions (of Germany) for £9m.[10]

In March 1999 the company was bought by IMI for £337m; Kevin MacDonald made £56m from this deal and Geoffrey Harrison made £12.5m.[5] IMI sold Polypipe to Castle Harlan (of the United States), a private equity company, for £293m in September 2005.[11] In May 2007 it bought Terrain, a PVC piping business in Aylesford in Kent.[12] 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.[5] In February 2010 the company bought Silavent, a ventilation manufacturer.[13]

In April 2014, Polypipe was the subject of an initial public offering on the London Stock Exchange.[14] Then in November 2014, Polypipe acquired the Ferrob Ventilation business.[15] In February 2015, Polypipe acquired Surestop, a business producing an alternative product to the brass stopcock,[16] and in August 2015 Polypipe acquired Nuaire, a ventilation systems manufacturer.[17]

It was announced in May 2017 that Martin Payne will succeed David Hall as the CEO following his retirement.[18][19]

The company changed its name from Polypipe to Genuit Group in March 2021.[20]

Operations

The head office is in Leeds,UK. Its businesses are located as follows:[21]

See also

References

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