Norsk Hydro announces tender offer for Polish recycler Alumetal for €232M

Norsk Hydro announced a tender offer to acquire 100% of shares of Alumetal S.A., a Polish aluminium recycler listed on the Warsaw Stock Exchange, for PLN 68.4 per share, representing an aggregate equity purchase price of approximately PLN 1.066 billion (approx. EUR 232 million).

“With the transaction, Hydro will strengthen its recycling position in Europe and widen its product offering in the low-carbon and scrap-based foundry alloy market.”hydro.com

• 2 sources
• hydro.comNorsk Hydro announces tender offer for 100% of the shares of the Polish recycler, Alumetal, S.A. | HydroApr 29, 2022
• windoorexpert.euNorsk Hydro announces tender offer for 100 percent of the shares of the Polish recycler, Alumetal S.A. - - WindoorExpert.euKatarzyna Wytwer, Tomasz PępekMay 6, 2022

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