Uponor

Last updated
Uponor Corporation
Company type Julkinen osakeyhtiö
Industry Building materials
Founded1918;106 years ago (1918)
Headquarters Helsinki, Finland [1]
Key people
Michael Rauterkus (President and CEO), Annika Paasikivi (Chairman)
Products HVAC and plumbing systems
RevenueIncrease2.svg €1,386 million (2022) [1]
Increase2.svg €135.5 million (2022) [2]
Owner
Number of employees
Increase2.svg 4,214 (2022) [1]
Website uponorgroup.com

Uponor Oyj is a Finnish company that sells products for drinking water delivery, radiant heating and cooling. With approximately 3,700 employees, [3] its head office is located in Helsinki, Finland. [1]

Contents

Based in Finland, the corporation's shares have been listed on the Helsinki Stock Exchange, under the symbol UPONOR, since June 6, 1988. [4] In addition, the group is also listed in the Large Cap segment on Nasdaq Helsinki exchange. [5]

In November 2023, Georg Fischer completed the acquisition of the company for 2.2 billion euros. [6]

Business

Uponor's business consists of three product groups:

Uponor's business is divided into three business segments:

Uponor's customers include building industry professionals, such as distributors and installers, designers, architects, project developers and other construction sector service providers. [7]

Uponor's indoor climate offering includes integrated radiant heating, cooling and ventilation products. [8] Uponor's portfolio includes water pipes used in buildings, including potable water and radiator connection pipes. Uponor's PEX and composite pipe systems are used for renovation and modernisation projects. [8]

Uponor Infra

Uponor Infra [9] is the result of a merger between Uponor Infrastructure and KWH Pipe whose products are used in new and rehabilitation infrastructure projects associated with water and wastewater piping, storm-water management, gas distribution, culvert reline and slip lining.

This division has manufacturing units in Europe, developing and manufacturing of structural profile pipe (Weholite) and tanks (Wehopanel) systems for the managing and distribution of water, drainage, energy, electricity, telecommunications and data. [10] Uponor Infra North America was acquired by Wynnchurch Capital in August 2017 and now operates under the name of Infra Pipe Solutions.

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References

  1. 1 2 3 4 Kauppalehti (2023-08-01). "Uponor Oyj | Yritys- ja taloustiedot | Kauppalehti". Kauppalehti (in Finnish). Retrieved 2023-08-01.
  2. "Key figures". uponorgroup.com. Uponor. Retrieved 1 August 2023.
  3. "Facts and Figures - Uponor". www.uponor.com. Retrieved 2019-04-16.
  4. "Asko Oy — Osakehistoriaa". www.porssitieto.fi. Retrieved 2023-08-01.
  5. "Uponor Oyj". Nasdaq Nordic. 2023-08-01. Retrieved 2023-08-01.
  6. "Georg Fischer completed the acquisition of Uponor for €2.2bn". MergerLinks. Retrieved 2023-12-07.
  7. "Solutions, services and performance in every step of the project - Uponor". www.uponor.com. Retrieved 2017-02-27.
  8. 1 2 "Uponor solutions for radiant heating and cooling and plumbing - Uponor". www.uponor.com. Retrieved 2017-02-27.
  9. "Infra Pipe Solutions". Wynnchurch Capital Funds. Retrieved 2023-12-07.
  10. "Our solutions - Uponor". www.uponor.com. Retrieved 2016-03-30.