Founded in 1997 and privately owned by two main shareholders, FGS became Brazil's leading manufacturer of high-density polyethylene pipes (HDPE), fittings, and additional equipment within a few years. After the inauguration of a new production site in Cajamar near São Paulo in 2013, a second plant opened up in the Greater Recife/Pernambuco area in 2019.
The acquisition of FGS is fully in line with GF Piping Systems' strategy to expand its global presence in the fifth largest populated country in the world. Brazil is undergoing a major governmental initiative that includes the development of the country's infrastructure, especially in the water and gas utility sectors. In cooperation with a domestic water utility company, both FGS and GF were already part of a large water loss improvement program by replacing the São Paulo region's piping network. As the leading supplier of HDPE systems, GF and FGS will be best positioned to serve existing and new customers.
