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Hydro signed an agreement to acquire Balexco's 50% ownership in Technal Middle East for an enterprise value of EUR 35 million, giving Hydro full ownership. TME delivers aluminium building solutions in the Middle East.
“This acquisition will strengthen Hydro Building Systems in Asia where the market growth is amongst the highest in the world.”hydro.com
Summarized from public sources; check the original articles before acting on it.