Uponor

Uponor Oyj is a Finnish company that sells products for drinking water delivery, radiant heating and cooling. Uponor Group has approximately 3,800 employees.[2]

Uponor Corporation
Julkinen osakeyhtiö
Traded asNasdaq Helsinki: UPONOR
ISINFI0009002158 
IndustryBuilding materials
Founded1918
HeadquartersVantaa, Finland
Key people
Jyri Luomakoski (President and CEO), Annika Paasikivi (Chairman)
ProductsHVAC and plumbing systems
Revenue €1,103.1 million (2019)[1]
€91.3 million (2019)[1]
Number of employees
 3,800 (2019)[1]
Websitewww.uponor.com

Uponor Corporation's shares have been listed on the Helsinki Stock Exchange, with ticker symbol UPONOR, since 6 June 1988. Based in Finland, Uponor is listed in the Mid Cap segment on Nasdaq Helsinki exchange.

The corporation's head office is in the city of Vantaa, Finland in the vicinity of the Helsinki airport.

Business

Uponor's business consists of three product groups:

  • Indoor climate solutions (heating, cooling, and ventilation) (23%)
  • Plumbing solutions (55%)
  • Infrastructure solutions (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.[3]

Uponor's indoor climate offering includes integrated radiant heating, cooling and ventilation products.[4] 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.[4]

Uponor Infra is the result of a merger between Uponor Infrastructure and KWH Pipe whose products and solutions 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.[5] Uponor Infra North America was acquired by Wynnchurch Capital in August 2017 and now operates under the name of Infra Pipe Solutions.

Uponor Corporation's major registered shareholders (31.12.2019):[6]

  1. Oras Invest Ltd (investment company of the Paasikivi family) (24.6%)
  2. Varma Mutual Pension Insurance Company (5.3%)
  3. Nordea Nordic Small Cap Fund (4.4%)
  4. Ilmarinen Mutual Pension Insurance Company (2.8%)
  5. Mandatum Life Insurance Company Limited (2.8%)

Of the total shareholding, 27.2% are in foreign ownership.

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References
  1. "Uponor Financial statements bulletin 2019" (PDF). Uponor Corporation. Retrieved 2019-02-20.
  2. "Facts and Figures - Uponor". www.uponor.com. Retrieved 2019-04-16.
  3. "Solutions, services and performance in every step of the project - Uponor". www.uponor.com. Retrieved 2017-02-27.
  4. "Uponor solutions for radiant heating and cooling and plumbing - Uponor". www.uponor.com. Retrieved 2017-02-27.
  5. "Our solutions - Uponor". www.uponor.com. Retrieved 2016-03-30.
  6. http://investors.uponor.com/shareholders/major-shareholders

6. "Acquisition of Uponor Infra NA" https://www.wynnchurch.com/portfolio/infra-pipe

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