Tyco Waterworks Europe Becomes Talis

Following the acquisition of Tyco Waterworks Europe by the private equity firm Triton, a new group TALIS enters the market. With immediate effect, 9 strong international brands will form the TALIS Group of companies.

Tyco International sells Waterworks Europe to the private equity firm Triton. From 1 October 2010, the new group enters the market under the name TALIS. The new TALIS brand is positioning itself as a versatile valve engineering company in the water sector.

The European market leader of water supply valves & fittings has been sold by its parent company, Tyco International, to the investor Triton with effect from 30.09.2010. The new company TALIS includes famous brands such as Erhard, Frischhut, Strate, Schmieding, Unijoint, Wafrega, Bayard, Belgicast and Atlantic Plastics. In future, 9 strong international brands will form the TALIS Group of companies, which enters the market on 1 October. The CEO of the new company will be Jan van Ooijen, who was also responsible for the sector under the previous owner Tyco. The company attaches great importance to ensuring the constancy of its products and contacts for customers under the new TALIS brands. In future, TALIS would like to take on an even greater leading role in the market, with its customers, especially through the improved use of the synergies between the individual brands and locations. TALIS has production facilities in Germany, England, Spain, France, Poland and the Netherlands. The company has 1,500 employees worldwide.

The new brand focuses on versatility in all areas of valve engineering for water. Due to its international orientation and the different specialisations of the product brands, TALIS is capable of offering a wide range of valves & fittings of all types for controlling water flow. Applications encompass water flow from the reservoir to the consumer's front door as well as water supply and sewage disposal for customers in the industrial and public sectors. TALIS designs, manufactures and supplies all types of valves, hydrants and fittings offering a broad service package. Apart from the common, standardised products, the portfolio also includes customised solutions, whereby the firms in the TALIS Group can call upon their technical knowledge and a customer-oriented method of working.

Customers associate the renowned and traditional brands, for example, Belgicast, Bayard and Erhard, with longstanding experience and top quality in the production of valves, such as gate valves and butterfly valves for the drinking water industry. All components used in this area fulfill current regulations. The TALIS product portfolio with more than 20,000 products covers the whole water cycle. Accordingly, the TALIS motto is: "Your choice in waterflow control".

TALIS sees itself as a multi-national company that, with its product brands, is positioned in the whole of Europe and can therefore, ideally meet the individual needs and regulations of the markets.

About Triton
Triton is a leading independent European private equity investor, which concentrates on companies in the German-speaking and north-European area. Triton invests in market leaders in attractive niches with a high potential increase in value. Further information available from TALIS Marketing in Germany, contact: Thomas Hammer, Tel. +49 7321 320-0

Press Enquiries:
Simon Drain. Atlantic Plastics (part of the Talis Group). Edison Rd, Hams Hall Distribution Park, Coleshill, Birmingham B46 1AB tel: +44 (0) 1675 437 951 fax: +44(0)1675 437 909
E-mail: sdrain@talis-group.com www.talis-uk.com

UK Press Contact:
Eileen Holmes-Ievers. In Press Public Relations Ltd. St John's Chapel, High Street, Lambourn, Berkshire. RG17 8XL. Tel. +44 (0)1488 674200 E-mail: eileen@inpress.co.uk www.inpress.co.uk.