Zwolle, 1 July 2011 - Wavin, leading supplier of plastic pipe systems and solutions in Europe, today announces that it has entered into an agreement to sell Kulker SAS, a local subsidiary of Wavin France, to RYB, a French provider of polyethylene (PE) pipe systems.

Kulker SAS distributes pipe systems to the agricultural sector. It has revenues of approx. EUR 12 million, is based in Sully-sur-Loire and employs approximately 25 people.

Financial details of the transaction will not be disclosed.

This divestment reduces complexity and enables Wavin France to further focus on the core activities such as Water Management solutions and Hot & Cold, Foul Water and Cable Ducting systems.

About Wavin

Wavin is the leading supplier of plastic pipe systems and solutions in Europe. The company provides essentials: plastic pipe systems and solutions for tap water, surface heating and cooling, soil and waste, rain- and storm water, distribution of drinking water and gas and telecom applications. Wavin is headquartered in Zwolle (The Netherlands) and has a presence in 26 European countries, with manufacturing sites in 18 of those and one in China. The company employs approximately 6,400 people and reported revenue of more than EUR 1.2 billion for 2010. Outside Europe, it has a global network of agents, licensees and distributors. Wavin is listed on the NYSE Amsterdam stock exchange (WAVIN). More details about Wavin can be found at www.wavin.com

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