Zwolle, 28 October 2010 - Wavin, Europe's leading supplier of plastic pipe systems and solutions, today announces that it has entered into an agreement with KWH Sweden to acquire its PE Water business for below ground applications, with an annual revenue of approx EUR 10 million.

Wavin CEO Henk ten Hove comments: "This acquisition will put us into the clear number 2 position in Civils & Infrastructure in Sweden and strengthen Wavin's product offering in Sweden and Norway."

Wavin takes over staff (total approx 30 FTE's) and assets of the PE Water business of KWH, located in Boras, near Göteborg. Wavin Sweden, based in Eskilstuna, employs approx. 85 people and is mainly active in Civils & Infrastructure. Financial details of the transaction will not be disclosed.

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 29 European countries, with manufacturing sites in 18 of those and one in China. The company employs approximately 6,300 people and reported revenue of almost EUR 1.2 billion for 2009. 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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