Hydro and Orkla set up joint venture  [ Norway ]

The transaction to combine Norsk Hydro ASA's Extruded Products business area and Orkla ASA's Sapa into a 50/50 joint venture has been completed as planned. Sapa, the new supplier of extruded aluminum solutions, was established on September 1. Orkla and Hydro agreed in October 2012 to combine their respective profiles, building systems and tubing operations in a joint venture, owned 50/50 by the...
<Sep 02, 2013>