Skip to content

Hydro completes sale of extrusion plant in India to Hindalco Industries

Hydro completed the sale of its extrusion plant in Kuppam, India, to Hindalco Industries Limited on February 1.

Hydro Extrusion Kuppam, India plant

The transaction was announced on December 17, 2021, and structured as an asset sale for USD 33 million on a cash-free and debt-free basis and includes the Kuppam plant with approximately 245 direct employees and  224 contract employees.

Hydro remains committed to the precision tubing markets, as well as to the general extrusion and fabrication operations, and will have a strong footprint worldwide, maintaining its close cooperation with customers.


Line Haugetraa

Line Haugetraa

Head of Investor Relations


Jacob Nielsen

Director Communication, Hydro Extrusions

Recommended for you