Page 2 - KWH Annual review 2017

The KWH Group is a company that has its roots
both in the 19205 and the 19305. The Group was
established in 1984 when Oy Keppo Ab bought
the remaining 50% ofshares in

Oy WiiR 8: Höglund Ab from the WiiR family.

This was a logical development. Keppo had,

in 1981, cicquired 50% of the company from

the Höglund family. Emil Höglund had been

one of the founders of both companies and,
therefore, there was a strong sense of
community at management level between the
companies, despite different business directions.
The major restructuring into an international
industrial group in the technical chemical
industry was mostly complete in 1992.

Major Structural changes were made in the Group
in that KWH Pipe and Uponor's infrastructure
activities were merged in 2013. The new
company, Uponor Infra Ltd, is consolidated in
Uponor Corporation. The KWH Group owns 44.7%
of the shares.