Dura-Line Holdings, Inc. Acquires Nextube

Dura-Line Holdings, Inc., a portfolio company of Chicago-based CHS CapitalTM, has completed the acquisition of Nextube, a manufacturer of high density polyethylene industrial products.  Nextube is the second acquisition completed by Dura-Line since CHS Capital’s investment in January 2012.

Based in Johannesburg, South Africa, Nextube manufactures a wide range of cable conduit, sub-soil drainage pipe and associated accessories.  The acquisition will increase Dura-Line’s capacity, penetration and diversification in South Africa.

“We have an established base of telecom customers in South Africa,” said Paresh Chari, President & CEO of Dura-Line.  “The acquisition of Nextube will allow us to better serve these existing customers and also pursue other opportunities including large diameter pipes for mining and other applications, as well as oil and gas gathering.”

“In the short time we have owned Dura-Line, we have completed two acquisitions that will significantly enhance and diversify Dura-Line’s offerings and capabilities,” said Dan Hennessy, Partner at CHS Capital.  “We will continue to pursue our growth strategy, both domestically and internationally.”

Headquartered in Knoxville, Tennessee, Dura-Line is the global leader of high density polyethylene-based conduit, duct and pressure pipe solutions for telecom, energy and infrastructure related markets.  Dura-Line serves customers in over 50 countries and is the exclusive provider for many of the world’s leading telecom companies.  For additional information, please visit www.duraline.com

CHS Capital is a Chicago-based private equity firm with 24 years of experience investing in the middle market.  Through partnerships with strong management teams, CHS Capital accelerates earnings growth and drives value creation through human capital enhancements, performance improvement actions and strategic growth initiatives.  CHS Capital has made investments in over 370 businesses and invested $2.9 billion of capital.  For additional information, please visit www.chsonline.com.