Norks Hydro completed the acquisition of the remaining 50% stake in Sapa from Orkla for NOK13.5bn.

Norks Hydro, a Norwegian aluminium and renewable energy company, completed the acquisition of the remaining 50% stake in Sapa, its joint venture with Orkla, a Norwegian conglomerate, for NOK13.5bn. Following completion of the transaction, Hydro is a global integrated aluminium company with production, sales and trading activities throughout the value chain, from bauxite, alumina and energy generation to the production of primary aluminium, rolled products, extruded products as well as recycling.