Atkore Divests HDPE Business to Infra Pipes to Strengthen Portfolio Strategy
Atkore Inc. Has Officially Announced The Sale Of Its High-Density Polyethylene (HDPE) Pipe And Conduit Business To Infra Pipes
Atkore Inc. formally announced the divestiture of its High-Density Polyethylene (HDPE) pipe and conduit business. The operations have been acquired by Infra Pipes, a leading North American provider of polyethylene pipeline solutions.
Strategic Initiatives
Under the terms of the agreement, Atkore will contribute its HDPE business and capitalize the newly formed entity with approximately $28 million, while retaining a 10% equity stake. Additionally, Atkore anticipates realizing various tax benefits as a result of the transaction. The divestiture of the HDPE business aligns with our ongoing strategic assessment and demonstrates our commitment to disciplined portfolio management," stated Bill Waltz, Atkore president and CEO. "We anticipate this transaction will be accretive to Atkore's overall financial profile, enhancing key metrics such as adjusted EBITDA margins and return on invested capital.
According to Towards Chemicals And Materials Analytics and Consulting, the global high-density polyethylene market size was estimated at USD 128.55 billion in 2025 and is expected to be worth around USD 229.13 billion by 2035, growing at a CAGR of 5.95% from 2026 to 2035 as investments in water management and utility projects are increasing across the globe.
Infrastructure Development Accelerates the High-Density Polyethylene (HDPE) Market
- Increasing demand for sustainable infrastructure, such as sewerage, water, and stormwater management systems, is the major factor driving market growth.
- Growing demand to replace concrete pipes and aging metal with corrosion-resistant HDPE, especially in municipal water distribution, fuels demand further.
- A surge in investments in urban infrastructure projects, like smart cities, boosts the demand for HDPE pipes in urban planning.
- Their flexibility, low maintenance costs, and long service life are propelling preference over conventional materials.