Plumbing. Heating. Conditioning. Energy Efficiency.

Uponor divests its German OEM unit

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10 April 2012
Uponor has signed a contract to divest the entire share capital of Hewing GmbH, Uponor’s non-core OEM unit based in Ochtrup, Germany. The buyer is Rettig Germany GmbH, a member of the Finnish heating technology manufacturer Rettig Group.

The closing of the deal is expected to take place in March-April 2012.

Operating under its own brand name, Hewing has served as an OEM pipe manufacturer to various central European underfloor heating and plumbing system brands. Hewing’s PEXc pipe technology has been non-core for Uponor after the global brand realignment in 2006, resulting in a stronger focus on the Uponor multi-layer composite and PEXa pipe technologies in building solutions.

Uponor will continue to have a presence in the Ochtrup region where it has some warehousing, administration and marketing services related to the PEXa technology-based business under the Uponor brand.

Uponor acquired Hewing GmbH in early 1988 as its first step in the strategy to enter the growing market of hot water pipe systems for buildings. Hewing’s advanced know-how of cross-linked polyethylene pipe (PEXc) technology and its access to new customer segments in Germany have played a key role in Uponor’s journey towards its leading international position as a supplier of building solutions in Europe and North America.
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