# Norsk Hydro completes acquisition of Orkla's 50% stake in Sapa

Norsk Hydro completed the acquisition of Orkla's 50% ownership in Sapa on October 2, 2017, giving Hydro full ownership of the global extruded aluminium solutions leader.

- Type: Acquisition
- Announced: 2017-10-02
- Where: Norway
- Value: $3.30B (27.0B NOK)
- Jobs: 22,400
- Status: completed
- 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)

## Sources

- [hydro.com](https://www.hydro.com/en/global/media/news/2017/norsk-hydro-acquisition-of-sapa-completed/), 2017-10-02: "Norsk Hydro's acquisition of Orkla's 50% ownership in Sapa was completed today, October 2, giving Hydro full ownership in the global leader in extruded aluminium solutions."
- [alcircle.com](https://www.alcircle.com/news/week-in-review-merger-and-expansions-keep-global-downstream-aluminium-sector-buzzing-this-week-28894), 2017-10-08: "Norsk Hydro’s acquisition of Orkla’s 50% ownership in Sapa was completed today, October 2, giving Hydro full ownership in the global leader in extruded aluminium solutions."

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