Uponor
{{Short description|Finnish company}}
{{Infobox company
| name = Uponor Corporation
| logo = Uponor.svg
| logo_size = 200px
| type = Julkinen osakeyhtiö
| key_people = Michael Rauterkus (President and CEO), Annika Paasikivi (Chairman)
| industry = Building materials
| products = HVAC and plumbing systems
| revenue = {{Increase}} €1,386 million (2022)
| operating_income = {{Increase}} €135.5 million (2022){{cite web |title=Key figures |url=https://www.uponorgroup.com/en-en/investors/financial-information/key-figures |website=uponorgroup.com |publisher=Uponor |access-date=1 August 2023}}
| num_employees = {{Increase}} 4,214 (2022)
| homepage = {{URL|https://www.uponorgroup.com/en-en|uponorgroup.com}}
| foundation = {{Start date and age|1918}}
| owner = {{ubl|Georg Fischer {{smaller|(2023–present)}}}}
| location = Helsinki, Finland
}}
Uponor Oyj is a Finnish company that sells products for drinking water delivery, radiant heating and cooling. With approximately 3,700 employees,{{Cite web|url=https://www.uponor.com/company/facts-and-figures.aspx|title=Facts and Figures - Uponor|website=www.uponor.com|access-date=2019-04-16}} its head office is located in Helsinki, Finland.{{Cite web |last=Kauppalehti |date=2023-08-01 |title=Uponor Oyj {{!}} Yritys- ja taloustiedot {{!}} Kauppalehti |url=https://www.kauppalehti.fi/yritykset/yritys/uponor+oyj/0148731-6 |access-date=2023-08-01 |website=Kauppalehti |language=fi}}
Based in Finland, the corporation's shares have been listed on the Helsinki Stock Exchange, under the symbol UPONOR, since June 6, 1988.{{Cite web |title=Asko Oy — Osakehistoriaa. |url=https://www.porssitieto.fi/scripo/asko.shtml |access-date=2023-08-01 |website=www.porssitieto.fi}} In addition, the group is also listed in the Large Cap segment on Nasdaq Helsinki exchange.{{Cite web |date=2023-08-01 |title=Uponor Oyj |url=https://www.nasdaqomxnordic.com/aktier/microsite?Instrument=HEX24385 |access-date=2023-08-01 |website=Nasdaq Nordic}}
In November 2023, Georg Fischer completed the acquisition of the company for 2.2 billion euros.{{Cite web|url=https://app.mergerlinks.com/transactions/2023-04-17-uponor-corporation/service-providers|title=Georg Fischer completed the acquisition of Uponor for €2.2bn.|work=MergerLinks|access-date=2023-12-07|language=en}}
Overview & Business
Uponor's business consists of three product groups:
- Indoor climate (heating, cooling, and ventilation) (23%)
- Plumbing (55%)
- Infrastructure (22%)
Uponor's business is divided into three business segments:
- Building Solutions - Europe
- Building Solutions - North America
- Uponor Infra
Uponor's customers include building industry professionals, such as distributors and installers, designers, architects, project developers and other construction sector service providers.{{Cite web|url=https://www.uponor.com/partners.aspx|title=Solutions, services and performance in every step of the project - Uponor|website=www.uponor.com|access-date=2017-02-27}}
Uponor's indoor climate offering includes integrated radiant heating, cooling and ventilation products.{{Cite web|url=https://www.uponor.com/solutions/building-solutions.aspx|title=Uponor solutions for radiant heating and cooling and plumbing - Uponor|website=www.uponor.com|access-date=2017-02-27}}
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.
=Uponor Infra=
Uponor Infra{{Cite web|url=https://www.wynnchurch.com/portfolio/infra-pipe|title=Infra Pipe Solutions|work=Wynnchurch Capital Funds|access-date=2023-12-07|language=en-US}} 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.{{Cite web|url=https://www.uponor.com/solutions/infra/solutions-infra.aspx|title=Our solutions - Uponor|website=www.uponor.com|access-date=2016-03-30}}
Uponor Infra North America was acquired by Wynnchurch Capital in August 2017 and now operates under the name of Infra Pipe Solutions.{{cite web |title=Wynnchurch Capital buys select Uponor assets |url=https://www.spglobal.com/marketintelligence/en/news-insights/trending/x6zjahju_hhvmc7bxunsuw2 |website=S&P Global |access-date=31 May 2024}}
References
{{reflist}}
External links
- [https://www.uponorgroup.com/en-en Official Uponor website]
Category:Companies formerly listed on Nasdaq Helsinki