M&A Deal Summary

Alfa Acquires Norsk Hydro - Hydro Castings Buisness

On November 27, 2006, Alfa acquired metals/mining company Norsk Hydro - Hydro Castings Buisness from Norsk Hydro for 416M EUR

Acquisition Highlights
  • This is Alfa’s 1st transaction in the Metals/Mining sector.
  • This is Alfa’s 0th largest (disclosed) transaction.
  • This is Alfa’s 1st transaction in Norway.

M&A Deal Summary
Date 2006-11-27
Target Norsk Hydro - Hydro Castings Buisness
Sector Metals/Mining
Buyer(s) Alfa
Sellers(s) Norsk Hydro
Deal Type Divestiture
Deal Value 416M EUR

Target

Norsk Hydro - Hydro Castings Buisness

Norway
Norsk Hydro - Hydro Castings Buisness engages in manufacturing of aluminum high-tech components for the automotive industry, such as cylinder heads and engine blocks. The operation comprises four state-of-the-art facilities located in Hungary, Germany, Austria and Sweden.

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Buyer(S) 1

Buyer

Alfa

San Pedro Garza García, Mexico
Category Company
Founded 1974
Sector Diversified
Employees54,438
Revenue 291.2B MXN (2023)
DESCRIPTION

ALFA is a producer of aluminum cylinder heads, PTA and also refrigerated food. Its products are marketed in more than 25 countries. Alfa was incorporated in 1974 and is based in San Pedro Garza García, Mexico.

DEAL STATS #
Overall 1 of 4
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 2
Country (Norway) 1 of 1
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-15 Alestra S. de R.L. de C.V.

Garza Garcia, Mexico

Alestra, S. de R.L. de C.V. is a Mexican telecom company specializing in providing services to a full set of enterprise clients such as the corporate enterprise market, public and institutional sectors and small and medium businesses in Mexico with the most advanced IT and telecom solutions.

Buy -

Seller(S) 1

SELLER

Norsk Hydro

Oslo, Norway
Category Company
Founded 1905
Sector Metals/Mining
Employees32,148
Revenue 193.6B NOK (2023)
DESCRIPTION

Norsk Hydro is a global aluminium company with production, sales and trading activities throughout the value chain, from bauxite, alumina and energy generation to the production of primary aluminium and rolled products as well as recycling. Based in Norway, the company has 13,000 employees involved in activities in more than 50 countries on all continents. Rooted in more than a century of experience in renewable energy production, technology development and progressive partnerships, Hydro is committed to strengthening the viability of the customers and communities serve. Norsk Hydro was founded in 1905 and is based in Oslo, Norway.

DEAL STATS #
Overall 1 of 2
Sector (Metals/Mining) 1 of 2
Type (Divestiture) 1 of 2
Country (Norway) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-30 Aluminerie Alouette

Sept-Iles,, Quebec, Canada

Aluminerie Alouette Inc. engages in aluminum smelting company that produces aluminum products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 WMR Recycling

Dormagen, Germany

WMR Recycling GmbH operates an aluminum recycling facility.

Buy -
Mergr

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