Divestiture • Metals/Mining

KPS Capital Partners Acquires Speira

On March 5, 2021, private equity firm KPS Capital Partners acquired metals/mining company Speira from Norsk Hydro for 1.4B EUR

Acquisition Context
  • This is KPS Capital Partners’ 4th transaction in the Metals/Mining sector.
  • This is KPS Capital Partners’ 7th largest (disclosed) transaction.
  • This is KPS Capital Partners’ 2nd transaction in Germany.

Explore All 328 Divestiture Metals/Mining Deals - Search the Database Free


M&A Deal Summary

Date March 5, 2021
Target Speira
Sector Metals/Mining
Buyer(s) KPS Capital Partners
Sellers(s) Norsk Hydro
Deal Type Divestiture
Deal Value 1.4B EUR

Target Company

Speira

Grevenbroich, Germany
Speira is a manufacturer of advanced rolled aluminum products, producing approximately one million tonnes per year, with over a century of experience. Speira operates seven manufacturing plants, an R&D center, and nine sales offices globally. Speira is based in Grevenbroich, Germany.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

KPS Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 21.8B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

KPS Capital Partners is a private investment firm that targets special situations including turnarounds, restructurings, bankruptcies, and corporate divestitures. KPS' target investment size is $200 million to $2 billion in businesses with minimum revenues of $250 million. The Firm has specific interest in companies engaged in the manufacturing, transportation, and service industries. KPS will not consider investments in high technology, financial services, telecommunications, broadcast media, real estate and natural resources. The Firm's geographic coverage spans the US, Canada, and Europe. KPS Capital Partners was formed in 1991 and is based in New York, New York.


Deal Context for Buyer #
Overall 42 of 55
Sector: Metals/Mining 4 of 4
Type: Divestiture 17 of 25
Country: Germany 2 of 4
Year: 2021 1 of 5
Size (of disclosed) 7 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Hussey Copper

Leetsdale, Pennsylvania, United States

Hussey Copper is a manufacturer of copper bus bars and other copper products in the United States. With a fully integrated mill, the company provides a wide range of flat-rolled copper products for the electrical distribution, industrial and residential construction markets. As a fully integrated producer, Hussey manufactures its products by melting and casting its copper to provide the finished product or component part. Hussey produces a wide range of copper and, to a lesser extent, copper-nickel products. Hussey Copper was founded in 1848 and is based in Leetsdale, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Eviosys

Baar, Switzerland

Eviosys is a provider of metal packaging, producing food cans and ends, aerosol cans, metal closures and promotional packaging to preserve the products of hundreds of consumer brands. Eviosys was formed in 2021 and is headquartered in Baar, Switzerland.

Buy €2.3B

Seller Profile 1

SELLER

Norsk Hydro

Oslo, Norway

Category Company
Founded 1905
Sector Metals/Mining
Employees32,614
Revenue 203.6B NOK (2024)
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. 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 Context for Seller #
Overall 2 of 2
Sector: Metals/Mining 2 of 2
Type: Divestiture 2 of 2
Country: Germany 1 of 1
Year: 2021 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 WMR Recycling

Dormagen, Germany

WMR Recycling GmbH operates an aluminum recycling facility.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-29 Alumetal

Kety, Poland

Alumetal is a manufacturer of secondary aluminium casting alloys. Alumetal Group specialized in production of master alloys, so called aluminium master alloys, aluminium for steel deoxidation and also fluxes and salts, which are produced by T+S company. It offers its products to cars and car components, and domestic appliances producers. Alumetal was founded in 1953 and is based in Kety, Poland.

Buy €232M

Explore Related M&A Activity