# Uponor to acquire remaining 44.7% of Uponor Infra from KWH Group for €60m

Uponor signed an agreement to buy the remaining 44.7% stake in its subsidiary Uponor Infra Oy from KWH Group for about €60 million, raising its ownership from 55.3% to 100%. Closing is expected in the third quarter of 2023 after regulatory approvals.

- Type: Acquisition
- Announced: 2023-05-15
- Where: Finland
- Value: $65.0M (60.0M EUR)
- Status: completed
- Products: infrastructure pipe systems
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Uponor](https://endata.com/companies/1804.md) (acquirer)
- [Uponor Infra](https://endata.com/companies/5085.md) (target)
- [KWH Group](https://endata.com/companies/10578.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/de/news-release/2023/05/15/2668499/0/en/inside-information-uponor-to-acquire-the-remaining-44-7-stake-in-its-subsidiary-uponor-infra-oy-from-kwh-group.html), 2023-05-15: "Uponor has today signed an agreement to acquire the remaining 44.7% stake in Uponor Infra Oy from KWH Group."

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