Uponor Oyj (HLSE:UPONOR) signed an agreement to acquire remaining 44.7% stake in Uponor Infra Oy from KWH-yhtymä Oy for approximately EUR 60 million on May 15, 2023. Following this transaction Uponor will increase its shareholding in Uponor Infra Oy from 55.3% to 100%. The transaction will be closed after receipt of relevant authority approvals, with the closing expected to take place in the third quarter of 2023.

Uponor Oyj (HLSE:UPONOR) completed the acquisition of remaining 44.7% stake in Uponor Infra Oy from KWH-yhtymä Oy on August 31, 2023. Ilkka Aalto-Setälä of Borenius Attorneys Ltd acted as legal advisor to Uponor Oyj.