Canada Pension Plan Investment Board completed a $350m investment in Advanced Drainage Systems.

Canada Pension Plan Investment Board, an investment management organization, completed a $350m investment in Advanced Drainage Systems, a manufacturer of thermoplastic corrugated pipe. “ADS represents the opportunity to invest in a high-quality operator that is a leader in its field. The company’s strong competitive positioning and runway for growth make it a good fit for our investment strategy,” Michael Koen, CPP Investments Managing Director and Head of Relationship Investments.