Among Skainvest´s group of aluminium companies you find Hydal a.s. - producer of customized aluminium cabinets and Hytrans a.s. - leading producer of aluminium systems and bodies for transport vehicles.

Four Hydro companies

The sale of HAP is based on directives from EU:s competition authority in order to balance a JV:s dominating market shares on the Nordic markets.

Skainvest, owned and headed by the Norwegian entrepreneur Ståle Karlsen based in Karmøy Norway, consists of three previous Hydro companies in Norway and Denmark; Hydal a.s. - producer of customized aluminium cabinets, Hytrans a.s. - leading producer of aluminium systems and bodies for transport vehicles and Extrusion Tools a.s. - manufacturer of extrusion dies. Now it´s time for the fourth Hydro-transaction when Hydro Aluminium Profiler in Raufoss and Vetlanda becomes a strong part of the aluminium group. With the acquisition of HAP (after the transaction has been approved by the EU:s Competition Authority), the group will have some 300 employees with an annual turnover of ca 900 MNOK and presence in Norway, Sweden, Denmark and Finland.

HAP remains HAP

Skainvest´s company group now strengthens it´s position within the aluminium industry by creating the Hydal Aluminium Profiler, which will be the new company name. The Group thereby has extensive resources and competence in the aluminium extrusion business, from die manufacturing to finished product. The Group´s resources when it comes to customer experience and solid market positions in addition create a strategically strong platform for competitive and successful business. The shared values of HAP, which thus will remain HAP, and those of Ståle Karlsen, with long experience within Hydro, have strong focus on customer benefits and efficiency. The companies will be characterized by simplicity, swiftness, personal service and reliability.

- As an independant company we aim to be the swiftest, most flexible and attractive supplier within the Nordic aluminium industry. Focusing on our customer´s needs, we have good possibilities to perform even smarter with an effective and competent organization by using our joint resources across company- and country boundaries, says Ståle Karlsen. -

Important extrusion supplier

- HAP:s management and employees welcome the transaction and look forward to focus on operational performance and customer benefit. We believe that the change of ownership will help us meet the market expectations as an important extrusion supplier and our ability to counterbalance existing and new competitors, says Trond Sandberg, managing director of Hydro Aluminium Profiler.

Hydro will continue as supplier of aluminium bolt and the cooperationn regarding research and development will continue. HAP’s existing sales- and service organization will remain the same until the sales transaction is completed later this autumn.

HAP welcomes existing and new customers to a bright and exciting future!