Flow Solutions Day 2023: New combined businesses for sustainable and profitable growth

As earlier announced on 13 November, GF will combine the Industry and Utility segment at GF Piping Systems, whereas the Building Technology business will be consolidated in the new division GF Uponor. The highly complementary businesses will allow to unleash the full potential of the two divisions, both well positioned for sustainable and profitable growth and benefitting from global megatrends. These organizational changes will be implemented during the course of 2024 after GF has obtained full ownership in Uponor.

GF Piping Systems will present solutions for the semiconductor industry and its increasing demand for high-quality water, as well as automated flow control for cost-efficient chemical processes. In addition, the division showcases its applications to solve the issue of water scarcity in urban infrastructures, which usually requires extensive network rehabilitation and performance improvements.  

The new division GF Uponor will provide a deep dive into energy-efficient heating and cooling solutions in buildings, which faced a significant increased demand due to global warming. Water hygiene issues in buildings are one of the most underestimated challenges; GF Uponor will show a combined, intelligent water flow systems, which allows the supply of safe and clean drinking water at every point of use.

"Efficient and sustainable solutions are of utmost importance for our customers", GF CEO Andreas Müller said. "Our strengthened product portfolio enhanced by Uponor solutions but also a larger global presence and our combined innovation power will offer us many new opportunities to address these customer needs. We are excited to show how the excellent complementarity of GF Piping Systems and GF Uponor will bring added value to our customers, shareholders and other stakeholders."

Details of the Flow Solutions Day

The Flow Solutions Day for investors, analysts and media, will start today 16 November 2023 at 1:30 pm CET. To join the event online please use the following link.

The presentation from the event is available on the GF website/press kits for download.
Photos of the event will be available in the GF image database from around 5:00 pm CET.

Important dates

• Annual Media and Financial Analysts’ Conference in Zurich (Switzerland): 19 March 2024
• Annual Shareholder's Meeting in Schaffhausen (Switzerland), 17 April 2024

For further information, please contact

Media Enquiries GF
Beat Römer, Head Corporate Communications
+41 (0) 79 290 04 00, media@georgfischer.com

Media contacts GF in Finland
Niko Vartiainen, Principal Consultant, Tekir Ltd
+358 (0) 50 529 4299, niko@tekir.fi

Investor Relations GF
Nadine Gruber, Head Investor Relations
+41 (0) 79 698 14 87, ir@georgfischer.com

Investor Relations/Media Uponor
Franciska Janzon, Senior Vice President, Corporate Communications/IR
+358 (0) 20 129 2821, franciska.janzon@uponor.com

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