Uponor Holding GmbH, a subsidiary of Uponor Corporation, signed a contract to acquire a majority holding of 50.3% in the German company Zent-Frenger Gesellschaft für Gebäudetechnik mbH.

Zent-Frenger develops, manufactures, and markets heating and cooling as well as geothermal technology solutions mainly for the public and commercial sectors of the market. With annual net sales of over 20 million, the company is one of the German market leaders in its field.

With this acquisition, Uponor aims to strengthen its position within the commercial and public building sectors in Germany, the company's single most significant market. The Zent-Frenger deal will bring on board new technology and new project and supply chain expertise, meeting Uponor's strategic needs, as well as a new range of product offerings - for instance, for renovation and refurbishment - that Uponor can benefit from in Germany and in other markets.

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