Nord Holding Unternehmensbeteiligungsgesellschaft mbH has sold its majority shareholding in Unicor GmbH, the German plastic pipe corrugating equipment group, to GAW Group Pildner-Steinburg Holding, a family-run industrial holding company based in Graz, Austria. Terms were not disclosed. Nord Holding, based in Hanover, Germany, and the management team at Unicor had acquired Unicor from Espoo-Finland-based pipe extruder Uponor Group in 2005. The Unicor management team of Klaus Kaufmann (CEO), Gerhard Haefner (technical plant manager) and Hubert Kossner (head of R & D) will continue in management and as shareholders in the company. The new majority owner was introduced to customers at an open house event at Unicor’s facility in Hassfurt, Germany, in mid-November.