M&A Deal Summary

Norsk Hydro Acquires Alumetal

On April 29, 2022, Norsk Hydro acquired metals/mining company Alumetal for 232M EUR

Acquisition Highlights
  • This is Norsk Hydro’s 2nd transaction in the Metals/Mining sector.
  • This is Norsk Hydro’s 0th largest (disclosed) transaction.
  • This is Norsk Hydro’s 1st transaction in Poland.

M&A Deal Summary

Date 2022-04-29
Target Alumetal
Sector Metals/Mining
Buyer(s) Norsk Hydro
Deal Type Add-on Acquisition
Deal Value 232M EUR

Target

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.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

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 STATS #
Overall 4 of 4
Sector: Metals/Mining M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Poland M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-05 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.

Sell €1.4B