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Sunday , 24 March 2024

Dura-Line Holdings Inc. acquires Nextube

Dura-Line Holdings, Inc. the parent company of Dura-Line India, has completed the acquisition of Nextube, a manufacturer of high density polyethylene industrial products. Nextube is the second company acquired by Dura-Line since January 2012 when CHS Capital’s investment in the company. The acquisition of Johannesburg based Nextube will increase Dura-Line’s capacity, penetration and diversification in South Africa. Nextube manufactures a wide range of cable conduit, sub-soil drainage pipe and associated accessories. Headquartered in Knoxville, Tennessee, USA, Dura-Line manufactures high density polyethylene-based conduit, duct and pressure pipe solutions for telecom, energy and infrastructure related markets.

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