On 1 July 2013, Uponor Infra Oy began trading, with the merger of the infrastructure solution business units of the KWH Group and Uponor Oyj. Uponor is Uponor Infra Oy’s majority shareholder (55.3%), and Uponor Infra Oy is consolidated in Uponor as the Infrastructure segment. The KWH Group owns 44.7% of the shares.
From 2013–2016, the Company went through a major restructuring process with the aim of generating significant synergy and integration effects. The anticipated goals were reached. In August 2018, the North-American operations were divested.
The general economic situation has affected demand in Uponor Infra’s most important markets. Overall demand in the main markets is expected to be stable in the coming years.
The Company’s sales amounted to EUR 337.4 (323.4) million. Profitability improved compared with previous years, reaching a satisfactory level.