TALIS Group, held by Triton, focuses business portfolio as part of realignment and sells Frischhut to Tiroler Rohre.

TALIS Group

, a Triton investment and the world's leading supplier of high-quality valves, hydrants and other solutions for irrigation, fire protection, potable water supply and wastewater applications, has sold

FRISCHHUT Group, STRATE

and the house connection business of

Atlantic Plastics

(TALIS UK). As part of the

realignment

of the TALIS Group's business portfolio, the divisions were no longer part of the core business. These

divestments

represent another important step for the TALIS Group to simplify and realign its business portfolio in order to

focus

on its

core business

and increase customer satisfaction.

The

FRISCHHUT Group

is one of the

leading manufacturers

of

molded parts as well as special castings

for mechanical and plant engineering. The high-quality products manufactured in the company's

own foundry

are mainly used as connectors for pipelines in drinking water supply and distribution. By

acquiring

the company,

Tiroler Rohre (AT)

, a

developer, manufacturer and distributor

of high-quality

ductile iron casting

systems for

water transport

and

deep foundation

of structures, strengthens its

market position

as an

overall supplier

and secures unique

manufacturing know-how

.