# Norsk Hydro acquires Orkla's 50% stake in Sapa for NOK 27 billion

Norsk Hydro agreed to acquire Orkla's 50 percent interest in Sapa for an enterprise value of NOK 27 billion, giving Hydro full ownership of the global leader in extruded aluminium solutions.

- Type: Acquisition
- Announced: 2017-07-10
- Where: Norway
- Value: $3.30B (27.0B NOK)
- Status: announced
- Products: extruded aluminium solutions
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SAPA](https://endata.com/companies/4537.md) (target)
- [Norsk Hydro](https://endata.com/companies/7133.md) (acquirer)
- [Orkla](https://endata.com/companies/7157.md) (partner)
- [Orkla](https://endata.com/companies/7157.md) (target)

## Sources

- [hydro.com](https://www.hydro.com/en/global/media/news/2017/hydro-acquires-sapa-to-create-a-global-aluminium-champion/), 2017-07-10: "Hydro is now confirming its position as the world's leading integrated aluminium company and the transaction reinforces our strategic direction Better, Bigger and Greener."
- [tu.no](https://www.tu.no/industri/hydro-overtar-aluminiumsselskapet-sapa/494115), 2017-07-10: "Norsk Hydro kjøper Orklas eierandel på 50 prosent i aluminiumsselskapet Sapa for 27 milliarder kroner."
- [lightmetalage.com](https://www.lightmetalage.com/news/industry-news/extrusion/hydro-acquired-sapa/), 2017-07-11: "Hydro is now confirming its position as the world's leading integrated aluminium company and the transaction reinforces our strategic direction Better, Bigger and Greener."
- [magnoliareporter.com](https://www.magnoliareporter.com/news_and_business/local_business/article_5244b08e-70e9-11e7-8e4b-c76b0f5c9d88.html), 2017-07-25: "Hydro is now confirming its position as the world’s leading integrated aluminium company and the transaction reinforces our strategic direction ‘Better, Bigger and Greener,’ with a solid asset base, unique competencies and capabilities from mining to end-user products."
- [hydro.com](https://www.hydro.com/en/global/media/news/2017/hydro-publishes-information-memorandum-on-the-acquisition-of-sapa/), 2017-08-01: "Hydro publishes an information memorandum in connection with its acquisition of Orkla’s 50 percent interest in Sapa."
- [foundry-planet.com](https://www.foundry-planet.com/d/hydro-acquires-sapa-to-create-a-global-aluminium-champion/), 2017-08-03: "Hydro acquires Sapa to create a global aluminium champion"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.