Atkore announces acquisition of Rocky Mountain Colby Pipe Co. assets
By Nikita Chaurasia  Date: 2019-08-23

Atkore announces acquisition of Rocky Mountain Colby Pipe Co. assets

Atkore expands product portfolio with acquisition of Cor-Tek™ by Rocky Mountain 

Atkore International Group Inc., a US-based electric solutions provider recently announced acquisition of assets of Rocky Mountain Colby Pipe Co., a front-runner in PVC conduit & duct products that are being sold under the brand name Cor-Tek™. Terms and conditions related to the transaction are kept undisclosed, report sources.

For the record, Atkore International Group has an exclusive portfolio of integrated electrical solutions and offers a complete line of PVC conduit & duct products that are available in one-half inch through 8-inch diameters & in ten-foot and twenty-foot lengths that meet NEMA, ASTM and UL specifications.

With 66 manufacturing & distribution facilities worldwide along with 3,975 employees, the company meets customer requirements by providing unmatched value, quality & delivery across a wide product line that includes aluminum and PVC conduit, steel, armored cable & flexible conduits, wire baskets, metal framing, cable trays and other complementary products including mechanical tube and fittings.

Rocky Mountain Colby Pipe Co. is an innovator among PVC pipe extruders in North America that is focused on cellular core extrusion technology. The company’s new manufacturing facility in Pendleton is the most advanced computerized PVC conduit & duct plant in the North America.

Rocky Mountain Colby Pipe is headquartered in Oregon and will continue to operate at its current location.

John Pregenzer, President, Conduit & Fittings business, Atkore, was reportedly quoted saying that Cor-Tek™ specializes in cellular core technology that delivers value & cost effectiveness to the commercial, industrial and residential electrical markets.

He added that this acquisition has better positioned the firm to focus on strategic growth by expanding the firm’s product portfolio along with improving geographic coverage for the West Coast, which will allow Atkore to meet customer needs.

Source credits: http://investors.atkore.com/news-releases/2019/08-22-2019-005322513

About Author

Nikita Chaurasia    

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

WELL Health reveals plans to acquire Cycura’s services division
WELL Health reveals plans to acquire Cycura’s services division
By Nikita Chaurasia

  The acquisition would elevate WELL Health's cybersecurity program across the technology and healthcare sectors  WELL Health would build a strong portfolio of companies and products/services as part of its capital allocation initia...

Abry adds HealthEZ to its pool of healthcare service investments
Abry adds HealthEZ to its pool of healthcare service investments
By Nikita Chaurasia

Abry Partners, one of the most successful private equity investment firms in North America, has reportedly made it to the headlines for acquiring majority stake in a Minnesota-based third-party administrator of self-funded medical plans, HealthEZ. T...

Welltel acquires Kildare-based secure IT & cloud service provider Novi
Welltel acquires Kildare-based secure IT & cloud service provider Novi
By Nikita Chaurasia

Ireland-based end-to-end communication services provider, Welltel has recently announced the acquisition of Novi, a Kildare-based IT service firm. With the said acquisition the two companies would now be able to offer an integrated suite of secure co...

Canzon to explore German market by partnering with Lykos Verde
Canzon to explore German market by partnering with Lykos Verde
By Nikita Chaurasia

Canzon, an Israeli enterprise selling CBD-based products in Europe has reportedly entered a partnership worth NIS 6 million yearly with German distribution firm Lykos Verde. Sources close to the matter stated that as per the agreement, Lykos Verde w...

Société Générale purchases Shine to expand retail banking portfolio
Société Générale purchases Shine to expand retail banking portfolio
By Nikita Chaurasia

France-based multinational investment bank Société Générale S.A. has reportedly acquired Shine, a neobank for entrepreneurs, for an undisclosed sum. According to reliable sources, the acquisition will allow the financial s...