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Norsk Hydro : Hydro completes sale of Hydro Rolling business area to KPS Capital Partners

Norsk Hydro: Hydro agrees to sell Rolling business area to KPS Capital Partners for EUR 1,380

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Norsk Hydro: Hydro agrees to sell Rolling business area to KPS Capital Partners for EUR 1,380 . Norsk HydroMarch 5, 2021 GMT Energy and aluminium company Norsk Hydro ASA has entered into an agreement to sell its Rolling business to KPS Capital Partners for EUR 1,380 million on an enterprise value basis. A major step on Hydro’s agenda to improve profitability and drive sustainability. The transaction includes seven plants, one R&D center, global sales offices, and around 5,000 employees of which 650 employees in Norway and the remaining mainly in Germany.

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