# Hydro sells 65% stake in Sapa Ben Thanh Aluminium joint venture

Hydro sold its 65% interest in Sapa Ben Thanh Aluminium Co., Ltd., a joint venture operating a manufacturing plant in Ho Chi Minh City, to a local Vietnamese company. The transaction was completed on January 20, 2020.

- Type: Acquisition
- Announced: 2020-01-20
- Where: Ho Chi Minh City, Vietnam
- Status: completed
- Capacity: 3500 tonnes per year
- Products: aluminium extrusions
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hydro Inc.](https://endata.com/companies/1478.md)
- [Ben Thanh Group](https://endata.com/companies/44690.md) (partner)

## Sources

- [hydro.com](https://www.hydro.com/en/global/media/news/2020/hydro-sells-its-interest-in-vietnamese-extrusion-operations-to-a-local-vietnamese-company/), 2020-01-21: "The decision to sell Hydro's 65 percent stake in the joint venture is part of the overall review in Extruded Solutions, aiming to optimize and streamline the portfolio."

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