With the acquisition of Capricorn, Uponor implements another step in its growth strategy by systematically expanding its presence in Eastern Europe. Capricorn\u2019s product portfolio perfectly complements Uponor\u2019s radiant heating and cooling product range. The deal enables Uponor to expand their European assembly network to meet the growing demand for prefabricated solutions.
\nClosing of the transaction was on 29 October 2021.<\/p>\n
Capricorn S.A. is a Poland-based designer and manufacturer of surface heating & cooling, sanitary and mounting systems for the residential and commercial markets. Established in 1993 and based in \u015awiebodzice the company operates two production facilities and employs about 400 staff.<\/p>\n
Dr. Karsten Hoppe, President of Building Solutions – Europe, said: \u201cThe acquisition of Capricorn is another important step to pursue our growth strategy. Our long-standing M&A partner MCF Corporate Finance has provided us with excellent and extremely valuable support throughout the entire process. We\u2019re really looking forward to welcoming the employees from Capricorn into the Uponor Group and to quickly learn from each other.\u201d<\/p>\n
Uponor is rethinking water for future generations.\u202fThe offering includes safe drinking water delivery, energy-efficient radiant heating and cooling solutions and reliable infrastructure. The company serves customers from 26 countries in Europe and North America within residential and commercial construction, municipalities, and utilities, as well as different industries. Uponor is listed on Nasdaq-Helsinki and generates sales of c. EUR 1.1bn with more than 3,700 employees.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Deal With the acquisition of Capricorn, Uponor implements another step in its growth strategy by systematically expanding its presence in Eastern Europe. Capricorn\u2019s product portfolio perfectly complements Uponor\u2019s radiant heating and cooling product range. The deal enables Uponor to expand their European assembly network to meet the growing demand for prefabricated solutions. Closing of […]<\/p>\n","protected":false},"author":1,"featured_media":4146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transactions"],"acf":[],"yoast_head":"\n