# Hydro and Orkla to form aluminium solutions joint venture Sapa

Norsk Hydro and Orkla have agreed to combine their profiles, building systems and tubing businesses into a 50/50 joint venture named Sapa, with expected annual revenues of around NOK 47 billion and 25,000 employees.

- Type: Acquisition
- Announced: 2020-04-09
- Where: Oslo, Norway, Norway
- Status: announced
- Products: aluminium profiles, building systems, extruded and welded tubes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [manufacturing-journal.net](https://www.manufacturing-journal.net/press-release/2446-hydro-and-orkla-to-form-the-worlds-leading-aluminium-solutions-provider), 2020-04-09: "Together we are creating a stronger company with a broader competence base and a highly experienced management team."

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