# Norsk Hydro buys remaining 50% of Sapa for $3.24B

Norsk Hydro agreed to buy the 50% of extrusion company Sapa that it did not already own for an estimated $3.24 billion. No layoffs are expected.

- Type: Acquisition
- Announced: 2017-07-13
- Where: Cressona, Pennsylvania, United States
- Value: $3.24B
- Status: announced
- Products: aluminum extrusions
- 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)

## Sources

- [republicanherald.com](https://www.republicanherald.com/2017/07/13/norwegian-firm-buys-sapa-layoffs-not-expected/), 2017-07-13: "Norsk Hydro, already a partial owner, agreed to buy the 50 percent of the extrusion company that it did not already own."

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