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Hydro sells Romanian extrusion plant to Hammerer Aluminium Industries

Hydro has signed an agreement with Hammerer Aluminium Industries (HAI) for the sale of Hydro Extrusion SRL, an extrusion plant located in Romania.

The decision to sell Hydro Extrusion SRL is part of the overall review in Extruded Solutions, aiming to optimize and streamline the portfolio. The transaction is expected to be completed in Q4 2019.

Hydro Extrusion SRL is part of the Extruded Solutions business area and has around 200 employees and produces around 20 000 mt extruded profiles per year, mainly for the building & construction industry. 

Investor and media contact:

Stian Hasle

Stian Hasle

Head of Investor Relations

Therese Rød Holm

Therese Rød Holm

VP Head of Communication and Public Affairs, Extruded Solutions