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Uponor and KWH Pipe merge infrastructure businesses
HELSINKI, FINLAND (Sept. 21, 5:20 p.m. ET) — Uponor Corp. and KWH Group Ltd. have formed a joint venture that combine their pipe systems businesses, which have been hit by a slowdown as a result of the recession. The venture, Uponor Infra Oy, will focus primarily on northern Europe.