Business
Atkore Inc. Announces Sale of HDPE Pipe & Conduit Business to Infra Pipes
HARVEY, Ill, April 08, 2026--Atkore Inc. (the "Company") (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, and solar applications, today announced the sale of its High-Density Polyethylene ("HDPE") pipe and conduit business to Infra Pipes, a North American leader in polyethylene pipeline solutions.
About this update from Atkore Inc.
HARVEY, Ill, April 08, 2026--(BUSINESS WIRE)--Atkore Inc. (the "Company") (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, and solar applications, today announced the sale of its High-Density Polyethylene ("HDPE") pipe and conduit business to Infra Pipes, a North American leader in polyethylene pipeline solutions. "The sale of the HDPE business is part of our ongoing strategic review process, and reflects our commitment to disciplined portfolio management," commented Bill Waltz, Atkore President and CEO. "We also expect this transaction to be accretive to Atkore’s overall financial profile for certain key metrics such as Adjusted EBITDA margins and Return on Invested Capital. This transaction further enhances our focus on driving growth around key electrical product offerings, targeted customers and strategic markets." Waltz continued, "Infra Pipes is a market leader and a strong fit for our HDPE business, and we look forward to building a strong relationship for the future as a minority owner in the new larger entity." Under the terms of the agreement, Atkore will contribute its HDPE business and capitalize the combined business with approximately $28 million. Atkore will retain a 10% equity stake in the combined entity. Associated with this transaction, Atkore expects to achieve various tax benefits resulting from the sale. Citi served as exclusive financial advisor and Debevoise & Plimpton LLP served as legal advisors to Atkore on this transaction. About Atkore Inc. Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, and solar applications. With 5,400 employees and $2.9B in sales in fiscal year 2025, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit www.atkore.com. Dissemination of Company Information Atkore intends to make future announcements regarding company developments and financial performance through its website, www.atkore.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, media broadcasts, and webcasts. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Federal Private Securities Lit...