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Statement on Integration of GF and Uponor – Mutually Leveraging Their Strengths

 

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By PPN Editor | 7th February 2024

GF, a company founded in 1802, and Uponor, with over a century of expertise, have announced their strategic decision to join forces in an integration that holds great promise for both organizations. As two companies sharing a common vision and rich cultural heritage, this collaboration marks a significant step towards a future characterized by innovation, sustainability, and global leadership.

The integration of these two industry leaders aligns seamlessly with GF’s longstanding commitment to excellence, as it has strived to “become better every day since 1802.” This partnership is consistent with GF’s strategic priorities within its Piping Systems division and is set to expedite the realization of GF’s 2025 strategy, which is designed to drive profitable growth and enhance the group’s overall resilience.

Together, GF and Uponor are poised to expand their global presence and offerings, aiming to establish themselves as industry leaders in the thriving sector of Sustainable Water and Flow Solutions. This collaboration will not only enhance their respective portfolios but also allow them to better cater to the evolving needs of a world increasingly focused on responsible water management and the demand for clean water and efficient indoor climate control.

Uponor’s vast expertise in Building Solutions, spanning both residential and non-residential end-markets (comprising 77% of Uponor’s sales), perfectly complements GF Piping Systems’ leading position in the Industrial segment. Additionally, Uponor’s Infrastructure business aligns seamlessly with the Utility business within GF Piping Systems. This strategic alignment will significantly expand

GF Piping Systems’ footprint, particularly in North America, where Uponor pipes are estimated to be present in one out of every three new homes. Moreover, in the Nordics, Uponor stands as one of the largest suppliers, further strengthening GF Piping System’s dominant position in Europe.

Uponor’s inclusion in the GF portfolio represents:

  • Leadership in Piping and Water Solutions: Combining attractive geographic and end-market exposure to create a formidable market presence.
  • Shared Corporate Values: A partnership rooted in a shared set of corporate values, industrial heritage, and a strong brand identity.
  • Complementarity in Technologies and Footprints: Synergy in terms of technologies, products, solutions, geographical reach, and end-application footprints.

This integration signifies a major milestone in the journey of GF and Uponor as they embark on a collaborative path towards shaping the future of Sustainable Water and Flow Solutions. Both organizations are committed to leveraging their combined strengths to meet the ever-evolving demands of the industry while remaining steadfast in their dedication to sustainability, innovation, and excellence.

For further information and inquiries, please contact:

john@excelplas.com.au

ABOUT GF

GF is a global industrial technology corporation with a leading position in three focused divisions: GF Piping Systems, GF Casting Solutions, and GF Machining Solutions. Founded in 1802, the Corporation is headquartered in Switzerland and operates around 150 companies with approximately 14,000 employees worldwide.

About Uponor

Uponor is a leading international systems and solutions provider for safe drinking water delivery, energy-efficient radiant heating and cooling, and reliable infrastructure. The company serves a variety of building markets including residential, commercial, industrial, and civil engineering. Uponor employs about 4,000 professionals in 30 countries.