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Hydro completes sale of rolling business

Thursday, Jun 10, 2021
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   On June 1, Hydro announced that it has completed the sale of its aluminum rolling business to KPS Capital Partners, which will consolidate Hydro’s position in the low-carbon aluminum sector.

  Besides, Hydro also signed a separate agreement with Cube Real Estate to sell its property in Bonn, German, part of Hydro Rolling, for 27 million euros.
  The total value for the sale of Hydro's rolling business, including the Bonn property, totaled 1,407 billion euros.

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