Speira Holdings

Speira announced it has signed a definitive agreement to acquire the European business of Real Alloy, a leading recycler of aluminium and magnesium scrap with seven facilities across Germany, Norway, France and the UK.

Crown Holdings completed the sale of its European Tinplate business, with 44 facilities in 17 countries, to KPS Capital Partners, retaining a 20% ownership stake.

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.

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.