Uponor Infra – Sale of district energy business

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We advised Uponor Infra Oy in the sale of its district energy business to ISOPLUS Suomi Oy, part of ISOPLUS Group, a leading manufacturer of district heating pipes in Europe.

Uponor’s district energy business had a net sales level of approximately EUR 40 million in 2022, and it included operations in Finland, Sweden, Estonia and Norway. The divestment is in line with Uponor Infra’s strategy that focuses on growing its core business.

Uponor is a leading global provider of solutions that efficiently and effectively move water through cities, buildings, and homes. Uponor helps customers in residential and commercial construction, municipalities, and utilities to be more productive. Uponor’s solutions are sold in more than 80 countries, and the company employs about 4,000 professionals in 26 countries in Europe and North America. In 2022, the company’s net sales totalled approximately EUR 1.4 billion. Uponor Corporation is listed on Nasdaq Helsinki.