# KPS Capital completes $1.67B acquisition of Norsk Hydro's aluminum rolling business

KPS Capital Partners created Speira Holdings and completed the approximately $1.67 billion acquisition of Norsk Hydro's global aluminum rolling business. Speira is a leading manufacturer of aluminum rolled products.

- Type: Acquisition
- Announced: 2021-06-01
- Where: Norway
- Value: $1.67B
- Status: completed
- Products: aluminum rolled products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Speira Holdings](https://endata.com/companies/55518.md)
- [KPS Capital Partners](https://endata.com/companies/1184.md) (acquirer)
- [Norsk Hydro](https://endata.com/companies/7133.md) (target)

## Sources

- [paulweiss.com](https://www.paulweiss.com/insights/client-news/kps-capital-creates-speira-holdings-and-completes-167-billion-acquisition-of-norsk-hydro-s-aluminum-rolling-business), 2021-06-01: "Paul, Weiss advised KPS Capital Partners, LP in its creation of Speira Holdings, LP and in Speira’s approximately $1.67 billion acquisition of the global aluminum rolling business from Norsk Hydro ASA."

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