# AURELIUS Equity Opportunities acquires Norsk Hydro Precision from Norsk Hydro

AURELIUS Equity Opportunities SE & Co. KGaA has agreed to acquire the aluminium precision tube business of Norsk Hydro Group, based in Lichtervelde, Belgium. The business employs over 180 people and had 2020 revenue of about EUR 50 million. The transaction is expected to close in Q3 2021.

- Type: Acquisition
- Announced: 2021-07-05
- Where: Lichtervelde, Belgium, Belgium
- Jobs: 180
- Status: announced
- Products: welded aluminium tubes, precision aluminium tubes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Norsk Hydro](https://endata.com/companies/7133.md) (target)
- [AURELIUS Equity Opportunities SE & Co. KGaA](https://endata.com/companies/17078.md) (acquirer)

## Sources

- [deutscherpresseindex.de](https://www.deutscherpresseindex.de/2021/07/05/aurelius-equity-opportunities-uebernimmt-belgische-norsk-hydro-precision-von-norsk-hydro/), 2021-07-05: "Die Transaktion wird voraussichtlich im dritten Quartal 2021 abgeschlossen sein."

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