# Georg Fischer launches tender offer for Uponor

Georg Fischer Ltd. has announced a voluntary recommended public cash tender offer for all shares in Uponor Corporation at EUR 28.85 per share, valuing Uponor at approximately 10.6x EV/EBITDA. The offer is supported by Uponor's board and major shareholders.

- Type: Acquisition
- Announced: 2023-06-12
- Where: Finland
- Value: $2.30B (2.10B EUR)
- Status: announced
- Products: piping systems, building solutions
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Uponor](https://endata.com/companies/1804.md) (target)
- [Georg Fischer](https://endata.com/companies/11126.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/06/12/2685943/0/en/inside-information-gf-announces-a-voluntary-recommended-public-cash-tender-offer-for-all-shares-in-uponor-at-eur-28-85-per-share.html), 2023-06-12: "The Offer Price represents a premium of 73.4 percent compared to EUR 16.64, the undisturbed price of the Share on Nasdaq Helsinki on April 13, 2023."
- [kommunikasjon.ntb.no](https://kommunikasjon.ntb.no/pressemelding/17973260/inside-information-gf-announces-a-voluntary-recommended-public-cash-tender-offer-for-all-shares-in-uponor-at-eur-2885-per-share?publisherId=4954260), 2024-06-11: "The Offer Price represents a premium of 73.4 percent compared to EUR 16.64, the undisturbed price of the Share on Nasdaq Helsinki on April 13, 2023."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.