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WADVANCED DRAINAGE SYSTEMS, INC.

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ADVANCED DRAINAGE SYSTEMS, INC.

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Company history

The company was founded in 1966 by Ron Martin and Marty Sixt, two engineers. In the early 1970s, it moved to central Ohio.

In 2004, Joe Chlapaty became CEO of the company; he retired in 2017 and was succeeded by Scott Barbour.

In July 2014, the company became a public company via an initial public offering on the New York Stock Exchange, raising $232 million.

In February 2015, the company acquired Ideal Pipe of Ontario for $45 million.

In July 2019, the company acquired Infiltrator Water Technologies from the Ontario Teachers' Pension Plan for $1.08 billion.

In 2019, approximately 65% of its pipes were made from recycled materials.

Source: Wikipedia
  • Overview
  • Financial statements
  • Metrics
  • Quarterly earnings
  • Similar companies
  • History
  • Insider Transactions