KPS Capital Partners acquires Hydro's aluminum rolling business, forms Speira

Hydro signed an agreement to sell its aluminum rolling business to KPS Capital Partners, completed on June 3, 2021, forming a new independent company named Speira with seven plants in Germany and Norway.

“Hydro has signed an agreement to sell its aluminum rolling business to KPS Capital Partners ("KPS"). The sale and acquisition have now been completed, and on June 3, Hydro's aluminum rolling division became an independent company under KPS.”news.metal.com

• 1 source
• news.metal.comTwo world-class aluminum rolling mills change ownership and continue a new chapter! - Shanghai Metals Market (SMM)Still light of the timesJun 8, 2021

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