Uponor and KWH Group announce a merger of their infrastructure businesses
Uponor Corporation and KWH Group Ltd both headquartered in Finland, announced a major industry transformation, which involves the merger of both companies’ infrastructure pipe businesses into a new joint venture company. The new company, to be named Uponor Infra Oy (Uponor Infra Ltd) and jointly owned by Uponor (55.3%) and KWH Group (44.7%), will focus on providing infrastructure pipe systems in northern Europe and elsewhere. The deal, which is subject to certain closing conditions, including the approval of the Competition Authorities, is planned to be closed after the Competition Authorities’ approvals.
- Бренд Uponor
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