Polish pipe factory Rurexpol to be sold to foreign investor

Boryszew Group signs letter of intent to sell Rurexpol for PLN 71.5 million

Boryszew Group has announced that it has reached an agreement to sell the Rurexpol pipe factory, which was liquidated earlier this year, according to wpn.pl.

The buyer will be a foreign company that plans to acquire not only real estate and equipment, but also certificates, licenses, and technical documentation. This may indicate the investor’s interest in resuming production activities. The value of the transaction is estimated at PLN 71.5 million (approximately $19.5 million).

According to the signed letter of intent, the buyer will acquire ownership of the company’s property, intellectual property rights, inventories, and technical documentation. The final signing of the agreement is scheduled for October 15, following a detailed audit.

The sale finally closes the prospect of Rurexpol returning to Huta Częstochowa, on whose territory it is located. The plant was spun off from the combine in 2010 and sold to Alchemia, part of the Boryszew group. However, in 2024-2025, the owner decided to liquidate the pipe business, closing first Walcownię Rur Andrzej in Zawadzkie, and later Rurexpol in Częstochowa.

Both enterprises were put up for sale through the Dutch company Krudo Industrial, which specializes in the sale of equipment and plants after liquidation. Its materials emphasized that Rurexpol’s proximity to Liberty Częstochowa could provide beneficial synergies – cheap access to raw materials and reduced transport costs.

Despite the hopes of employees and trade unions for the return of production to Huta Częstochowa, the sale to a foreign investor thwarts these plans. This is especially true given that the process of transferring Huta Częstochowa itself to state ownership has been delayed due to the decision to include it in the list of strategic enterprises and the Ministry of Defense’s right to priority purchase of the asset.

Production at the Rurexpol plant in Częstochowa was finally suspended in February this year. Andrzej Karol, head of the National Section of Metallurgists of Solidarity, confirmed that production has been completely stopped, but the plant is in a state of full readiness and can be quickly restarted if the necessary raw materials become available.