Uponor acquires the remaining shares in Zent-Frenger

Uponor Corporation    Stock exchange announcement    13 March 2012  11.30 EET

Uponor acquires the remaining shares in Zent-Frenger

Uponor Holding GmbH, a subsidiary of Uponor Corporation, has yesterday acquired the remaining 49.7% of the shares in the German company Zent-Frenger Gesellschaft für Gebäudetechnik mbH. This is in accordance with the contract signed in the spring 2011, when Uponor acquired a 50.3% share in the company. Zent-Frenger develops, manufactures, and markets heating and cooling as well as geothermal technology solutions mainly for the public and commercial sectors of the market. It is one of the German market leaders in its field.

Uponor aims to strengthen its position within the commercial and public building sectors in Central Europe. The Zent-Frenger acquisition has brought onboard new technology and new project and supply chain expertise, meeting Uponor’s strategic needs, as well as a new range of product offerings that Uponor can benefit from in Germany and in other markets.

Tarmo Anttila
Vice President, Communications
Tel. +358 20 129 2852


Uponor is a leading international provider of plumbing and indoor climate solutions for residential and commercial building markets across Europe and North America. In Northern Europe, Uponor is also a prominent supplier of infrastructure pipe systems. Uponor offers its customers solutions that are sustainable and safe and reliable to own and operate. The Group employs approx. 3,200 persons, in 30 countries. In 2011, Uponor's net sales totalled ca €800 million. Uponor Corporation is listed on NASDAQ OMX Helsinki in Finland. http://www.uponor.com.