This is an ad hoc announcement pursuant to Article 53 of the Listing Rules (LR) of the SIX Exchange Regulation AG.
The acquisition of Uponor would accelerate GF Piping Systems’ strategy towards leadership in water and flow solutions. It would also be consistent with GF’s strategic priorities to drive profitable growth and further increase the resilience of the GF group. The complementary nature of both companies’ products and geographical footprints, their similar culture and common ESG commitments are expected to allow a seamless integration of Uponor as a fourth division within GF.
Please find enclosed the full version of the Media Release containing all details of the Tender Offer.
A conference call with video webcast for analysts and journalists with Andreas Müller, CEO of GF, and Mads Joergensen, CFO of GF, as well as Hans Sohlström, member of the Board of Directors of Uponor and Chair of the Board Committee of Uponor responsible for handling the Tender Offer, and Michael Rauterkus, President and CEO of Uponor, will take place today, 12 June 2023, at 11.00 a.m. CET (English only) – to join the conference call, please use the following link (Chorus Call).
To join the conference call via phone, please dial the numbers below (10–15 minutes before the conference call start):
Switzerland/Europe +41 (0) 58 310 50 00
Finland +358 (0) 9 4245 0051
UK +44 (0) 207 107 06 13
USA +1 (1) 631 570 56 13
Other international numbers available here.
The presentation of the analyst and media conference (video webcast) is available on the Offeror’s Tender Offer website here from 12 June 2023 at 7.20 a.m. CET.
For further information please contact
Beat Römer, Head Corporate Communications
+41 79 290 04 00, media(at)georgfischer.com